Jared's credit is a rip off! My young son was approved about 2 years ago for a credit card from Jareds. He never used it until about 6 months ago. Between the time he received it and the time he used it he had lost his job and suffered some set backs on other accounts he had with another retail store and a bank visa card. He ended up losing both of those accounts. Luckily he found another job and was back on his feet. He went to use his Jareds card for the first time in May 2011 with no problem. He made a few other small purchases over the next 6 months, and always, always paid his bill on time. His balance was never over $500.00 as he was being careful about not getting in over his head. He was working very hard to rebuild his credit and protected this account by never charging a lot and always paying it on time. Well to his horror, he went to purchase a $40.00 Pandora charm for his sister for Christmas yesterday and his card was declined. Not only was it declined but they had closed his account! They told him that they periodically review credit reports and because he had delinquency from those other account (all of which are from over a year ago and none of which were affliated with Jared's) they closed his account even though his account was and always has been in good standing with them. I called to discuss this with them (I'm authorized to discuss his account with them) and was told the same thing. I guess Jared's could care less about their customers. When next month's bill comes (there is $373.00 on the balance) we will send it back to them with a note that they can wipe their ### with it. Had they kept his account open they would have been getting a check like they always did.
