Posts Tagged Build Credit
Inquiries on Credit report?
Jen asked:
I didn’t know before that even if I have no credit history/ credit score, the inquiries (when the lenders/creditors pull up a credit check on you) can show up on the report. People say that this can harm approvals for future loans/ credit cards…How long will the inquiries stay on there? I am trying to build credit..so this “penalty of guessing” sucks, since I want to try getting approved, but I don’t want to harm my report. I currently have a secured credit card..but that’s my only line of credit I have for now, as I got denied for personal loans and unsecured credit cards because I have no credit history and am a new college student. I haven’t tried applying for department store cards..but..why bother? I most likely will get denied anyways (even if I will pay back in full every month…) So should I just stick with one line of credit for now, because inquiries on my report suck if I get denied? Thanks =)
Pamela
I didn’t know before that even if I have no credit history/ credit score, the inquiries (when the lenders/creditors pull up a credit check on you) can show up on the report. People say that this can harm approvals for future loans/ credit cards…How long will the inquiries stay on there? I am trying to build credit..so this “penalty of guessing” sucks, since I want to try getting approved, but I don’t want to harm my report. I currently have a secured credit card..but that’s my only line of credit I have for now, as I got denied for personal loans and unsecured credit cards because I have no credit history and am a new college student. I haven’t tried applying for department store cards..but..why bother? I most likely will get denied anyways (even if I will pay back in full every month…) So should I just stick with one line of credit for now, because inquiries on my report suck if I get denied? Thanks =)
Pamela
Are Charge cards easier to get approved for than a Credit card?
Jen asked:
I have no credit report, no credit history and I’m a student..but I’ve applied for several personal loans and credit cards and only got approved for a secured credit card from BoA. So yeah, several places have tried to pull up my credit report without success. (I can’t even pull up my own credit report for some reason!) I want to build credit, do you think I will get approved for a charge card or is it going to be just another dead end? Thanks. =)
Ruben
I have no credit report, no credit history and I’m a student..but I’ve applied for several personal loans and credit cards and only got approved for a secured credit card from BoA. So yeah, several places have tried to pull up my credit report without success. (I can’t even pull up my own credit report for some reason!) I want to build credit, do you think I will get approved for a charge card or is it going to be just another dead end? Thanks. =)
Ruben
previous bad credit help?
vetassistant1984 asked:
i had a couple credit cards become charged off/sent to collections. i finally got with it after 180 days late (that is the maximum of one of them, the other maximum was 150 days late), and finally got them all paid off except for one that i am doing monthly payments on, and on time. so that was 6 credit cards to one remaining. so now that i want to re-apply for credit such as a personal loan for school purposes these previous delinquent accounts are still on my credit report and show up as delinquencies, charged off, paid. and everytime i apply for something ‘previous serious delinquencies’ is usually the reason for denial of credit. so if i cannot be approved for a loan or any sort of credit do to these previous delinquencies which i have learned do not get removed until 5 years. how can i re-build my credit if i get denied for it? how can i make my credit report look good if no one will accept my credit as is? is there anything i can do to improve it or do at all? thank u for any hep
one of the previous delinquent credit cards went to a lawyer firm and it was over 1,000. i just finished making the last payment last month and he said i was approved for a clear credit program, where they delete that one card from my credit report as if it never existed. compared to my previous delinquencies, will this help me or hurt me?
Larry
i had a couple credit cards become charged off/sent to collections. i finally got with it after 180 days late (that is the maximum of one of them, the other maximum was 150 days late), and finally got them all paid off except for one that i am doing monthly payments on, and on time. so that was 6 credit cards to one remaining. so now that i want to re-apply for credit such as a personal loan for school purposes these previous delinquent accounts are still on my credit report and show up as delinquencies, charged off, paid. and everytime i apply for something ‘previous serious delinquencies’ is usually the reason for denial of credit. so if i cannot be approved for a loan or any sort of credit do to these previous delinquencies which i have learned do not get removed until 5 years. how can i re-build my credit if i get denied for it? how can i make my credit report look good if no one will accept my credit as is? is there anything i can do to improve it or do at all? thank u for any hep
one of the previous delinquent credit cards went to a lawyer firm and it was over 1,000. i just finished making the last payment last month and he said i was approved for a clear credit program, where they delete that one card from my credit report as if it never existed. compared to my previous delinquencies, will this help me or hurt me?
Larry
Use a Gap Card to Build up Credit?
Glam Sam asked:
I did a Credit Report after being denied on a Personal Line of Credit to see that my Credit Score was considered “Poor.” I was wondering- If you open store credit cards like Gap but NEVER use them will this help your Credit Score?
I did a Credit Report after being denied on a Personal Line of Credit to see that my Credit Score was considered “Poor.” I was wondering- If you open store credit cards like Gap but NEVER use them will this help your Credit Score?
Or should you use like $10 every month and pay it off?
Which Stores offer the BEST Credit Card Deals??
PERCY
38 & Looking to Repair Credit Score (Personal and L.L.C.)?
Big Daddy asked:
I had some very old debt that has caused me to have a very low FICO (568).
I had some very old debt that has caused me to have a very low FICO (568).
SInce then have started my own business and want to get credit score all cleaned up.
2 Questions:
Have checks in hand to pay the less than $2K in bad credit reports. I assume the best way to proceed is to get a secure credit card with a bank.
1.) How long to get a near perfect credit score using the secure credit card and making double payments every month?
2.) How can I get a company credit card so that my business can begin to build credit? Secure card in the company name?
Cheers,
MICKEY
How do I build credit for my small business?
james asked:
I just opened a car audio business in tx and i have poor personal credit. How do i build my business credit/get a credit report on business ect… also my business is a dba type. Also I can’t seem to get credit approval from anyone because of my personal credit any advice will be helpful.
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I just opened a car audio business in tx and i have poor personal credit. How do i build my business credit/get a credit report on business ect… also my business is a dba type. Also I can’t seem to get credit approval from anyone because of my personal credit any advice will be helpful.
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