As I already have a bank mortgage and currently lowered my credit score with poor choices and credit card debt from learning experiences or some call them mistakes lol. 

Now you have low interest and (more importantly) no fees.Another alternative is credit cards at zero interest.

The situation with the newbie wholesaler may be one where he is a wild card, just enough knowledge to be dangerous, both to himself and the people he deals with.

I still have to make trips downtown to pay water since they wont do a credit card or debit card over the phone.

Then they used those cards to purchase gift cards.

If I go to Lowes for cabinets, I either pay cash or Lowes credit card, which was issued AFTER a credit check.

If so, let Al Williamson know and you can get a Home Depot gift card!

I would tell them congratulations and even send a card with a small gift, like a gift card or housewarming present.

I would refund after recapturing whatever amount I had to take as a reduction as a result of the cancellation and I would cover any real costs I incurred as well (credit card fees, etc).

They all pretty much want PGs now which defeats the purpose unless you're talking about store cards like Sears, BestBuy, Home Depot, Walmart, etc.