Jonathon
Archdale,#2Author of original report
Wed, September 14, 2011
@Ken I understand what you mean when you say a company has a right to protect themselves in case a person defaults on payment. I agree that makes a lot of sense. But, I have not defaulted on payment for the last couple of years since I got my new job. Why base your credit report on events that happened so far back. It was a rough time for me back then and I'm trying my very best to build up my credit. I 'm only human and I'm not perfect. I have made some bad spending decisions with credit cards and loans when I was younger but I've changed my spending habits since then. I've only asked Duke Energy to cut me a little slack because I'm doing the best that I can to keep my current bills paid and my credit report should show that. If you are already retired, you don't have to put up with these new high deposit rates due to credit reports. It is way much harder now to survive in society than it was a couple of years ago. The cost of living today increases to the point where working tax payers of today are being overwhelmingly charged and their pay stays the same. Today's honest workers that had great credit are constantly being laid off and losing their jobs. When that happens they are forced to let the credit card and loan payments default and must pay only their primary bills: rent, mortgage, utilities, phone and insurance with their much smaller unemployment check. Then there good credit is turned into bad. People that have already retired no longer have to work so it normally would not concern them. People that are still working today may not have the privilage of retiring. Several years back it was much easier to survive. Man today have made it so complicated for man to survive in todays century.
Ken
Greeley,#3Consumer Comment
Wed, September 14, 2011
Your good character or personality? A business has a right to protect themselves in case people with a poor credit report default on them. It's pretty standard procedure and they've not singling you out. Your being an upstanding person and donating to United Way has nothing whatever to do with the company's deposit amount. The money is NOT lost, it will be used to pay any final bill or shortage on a regular payment. If any is left, you will get it back. Hang in there and best of luck to you on rebuilding your credit. No, i don't work for Duke Energy or any other company, I'm happily retired.