VISDSNB is listed on my credit report - What should I do?

Cookie · Guest 0 Magic Points

I have the same problem and tried to find the information and your question came up. I want to cancel the credit card too Crying or Very sad

briala · Guest 0 Magic Points

The VIS stands for Visa and the DSNB is Department Stores National Bank. It's a visa that is attached to a Macy's or Bloomingdale's charge, but if it's Macy's, the account itself could have come from another retailer that has since merged with Macy's depending on the date the account was opened. The generic Macy's customer service number is 1-866-593-2543 and they can look up your account number if it does not appear in full on your credit report. I don't know the Bloomingdale's number, but I'm sure it's available from their website. It is true that when you apply for a Macy's or Bloomingdale's charge they will automatically apply you for a visa unless you opt out on the application. The visa's that they offer are a separate line of credit than your line of credit for in store purchases, which is why both lines show up separately on your credit report. It's also possible to close just the visa line of credit if you still wish to have your regular Macy's or Bloomingdale's card, but not vice-versa.

Joined: 24 Feb 2008 Posts: 16 823 Magic Points

MACYS FEDERATED DEPARTME 9111 DUKE BLVD
MASON , OH 45040

MACYS/DSNB 9111 DUKE BLVD
MASON, OH 45040 (800) 458-6229

MCYFDSB 9111 DUKE BLVD
MASON, OH 45040 (800) 243-6552

Hope thats gonna be helpfull

Joined: 24 Feb 2008 Posts: 16 823 Magic Points

MACYS/DSNB 9111 DUKE BLVD
MASON, OH 45040 (800) 458-6229

Actually thats the exact info you guys need

Spicy · Guest 0 Magic Points

I disagree with the above poster. While your credit score may initially drop, having open cards with high interest rates that you NEVER USE hurts you if you attempt to apply for a new, lower rate card. You will likely get a rejection because you have "too much" available credit for your income.

The Macy's situation is also different because, if you're like me, you never even RECEIVED the actual VISA card, it just appears on your credit report. It is not good personal security to have some outstanding VISA card you never technically remember applying for.

Joined: 17 Jul 2006 Posts: 1240 28942 Magic Points

I agree to some extent with Spicy here. Too much available credit poses a disadvantage while applying for new credit.

However if you are using a minimum of 25% of the available credit then it poses an added advantage. Closing down a card which is not doing any harm is dangerous for your credit. Keep in mind that you dont carry more than 4 cards.

nyczxpsylocke · Guest 0 Magic Points

Hey guys I have the address but had no idea what VISDSNB was!

Thanks for clearing it up guys.
The address is:
9111 Duke Blvd
Mason, OH 45040

Joined: 21 Jun 2007 Posts: 1334 35466 Magic Points

Thanks a lot for the information. We appreciate that you took time out to provide us with the information. Hope to see you around more often. Smile

Gina · Guest 0 Magic Points

Even if these are small credit cards with a high interest rate. If you close them then wont they eventually go off of your credit report all together. I dont want my credit report to show how much I have borrowed in the last 7 years

Joined: 08 May 2008 Posts: 364 4810 Magic Points

Wow, Uhh Guru that was a bit...intense... You should lighten up. PPL come here for help and advice not abuse.

Now....Rebecca,

Yes, it does hurt your credit score to cancel revolving accounts. The good thing is you can always open a new card. Granted the account will not be as old and you will have to rebuild your credit history but, such is life. Luckey for you this mistake can be fixed with time and research. Shop around for a CC with low intrest little to no annual fees and a good reputation for monthly reporting. Keep you balance below 30% of your credit limit and pay on time each month. Make sure you have a small balance on your account or you wont be earning any credit off the card.

Good Luck

Joined: 27 Jun 2006 Posts: 1307 29555 Magic Points

Yeah, I think you can start rebuilding your credit history with the new credit cards. But make sure that you make payments on time and don't spend more more than 30% of your credit limit. Try to pay monthly utility bills with these new cards to build a consistent credit history on the card.

Joyce · Guest 0 Magic Points

question for credit guru, I was always told, the more cr you have open..the lower your score.. (even if always pay on time.)..due to the fact,you have the capitality of getting in over your head in a hurry

Joined: 03 Nov 2007 Posts: 3927 10 Magic Points

That depends on the on the status and the balance of the cards. If you keep the balance below 30%, then they will add to your score, making your payments on time and paying more than the minimum will increase your score.

Joined: 06 Jul 2006 Posts: 686 17396 Magic Points

Hi Joyce
Your credit score depends on the amount in your credit card you have spend. If you have spend less than 30% of your credit card, then there is no reason why your credit score should decrease. This is because about 30% of your credit score depends on your amount owed. The lower the amount, the better the score.

neicy · Guest 0 Magic Points

I work for a credit bureau, for security purposes, I will not say which one, and the info I have seen here is mostly correct. visdsnb is macys and sometimes bloomingdales... the vis is visa, the ds is department store, and the nb is name brand...

as far as the closing credit cards goes there is some truth there... If you close good standing credit cards it can hurt you fo a little while, but if you have too many credit cards it is actually looked at by lenders as a negative. Lenders will see many credit cards as you have reached your spending limit, and tend not to lend to you. Also obviously applying for too much credit can be bad too.
I hope this info has been useful.

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