 Any suggestions for someone with bankruptcy on their credit that would now like a credit card? |
| I had to file bankruptcy 6 years ago, because of a previous marraige. I would like to have a credit card now. It is really hard to find one that will approve me. Does anyone know of a credit card ... |
|
 If my credit score is 714 and i apply for a wamu card how much will they give me as a start? |
if my credit score is 714 and i apply for a wamu platinum credit card can anyone tell me how much i will get.
? all my other cards are zero balance and the highest card is a 2000 limit so i ... |
|
 Credit card for 12 year old.? |
| i wont to give my 12 year old sister a credit card they asked if i wonted to add some one so i said yes, i gave the name and it came in the mail i thought i was done. now they are asking for ssn, ... |
|
 I need a credit card with no annual fees, but i have really bad credit...? |
| i have been denied by my bank, and the other credit cards require a doposit for my credit line. i just want a major credit card where i don't have to give any money up front. please help. thanks.... |
|
 I am considering entering a debt management program. Anyone have any advice? |
| I am considering entering a debt management program because I am way over my head in credit card debt. I know it may not be the best solution but it seems I keep putting it off, getting no where ... |
|
 Shall I pay this six year old debt? |
A collection agency is requesting payment for a debt owed beginning in september of 2001 (date of first delinquency: 6 years ago).
The information is not in any of my credit reports. If it was, I... |
|
 Can someone tell me how to find a Private personal loan lender in my area? |
| Still trying to get a lioan with little or no credit and I have been getting alot of rejections. Does anyone know a good personal lender or some website I can go to where I can find one in my area?... |
|
 Does anyone know of any car loan places that help people with bad credit and gross around 1200 a month? |
| I have been trying to get approved for an car loan but my credit isn't very good and i only make about 1200 a month. anyone know if there is somewhere i can go to get help with an car loan ... |
|
 Is a 7,000 credit card limit for a 21 year old good? |
Is that below average, above average, or just average? Just curious. Thanks.
Additional Details
Don't worry ppl- I'm great at managing money and very careful with my credit ... |
|
 My credit score is 453.? |
| What are some good ways to re-establish my creit without havin to pay alot of $$$. I really dont want to try those things where they erase it off because they charge alot.. Any suggestions.. Please H... |
|
 Can Collections file a case on you and get you arrested ? |
| can that happen if you owe $600 or more to your bank, credit card company, or online company like neteller ?... |
|
 Will consolidating my debt with a consolidation company worsen my credit or will it help? |
| I am in debt with all my credit cards, i was thinking about consolidating my debt but I heard that was going to mess up my credit even more. Is that true?... |
|
 Which credit card should be paid off first? |
| I have 2 credit cards that I'm trying to get paid off. Card A has a balance of about 700 and an interest rate of about 9%. Card B has a balance of around 1700 and a REDICULOUS interest rate of 28... |
|
 I forgot to pay my discover card payment. Will it affect my credit score? |
| I was just busy over the holidays and missed it. I paid it on my computer after I got off work last nite, but I am so embarrassed because they called me at work and wanted the payment then and their ... |
|
 How can I build my credit? helppppp? |
I just turned 18 in October and I need helppp!
I can't get approved for credit cards, even the ones that say no credit history credit cards, or instant approval. I've applied for a ... |
|
|  |
manny | Credit score dropped. confused.? |
I recently made applied for an auto loan and was denied. I signed up for unlimited up to date credit report monitoring through my bank. I check my credit report twice a week every week. I have become recently obsessed with fixing my credit report. Now the problem is my inquiry was 3 days ago. This morning I check my report and my score went down 24 points. I specifically looked at everything on the report and nothing changed; no dates, lates nothing. The only change in my report was that inquiry. How can one inquiry bring your score so low? If figured it lower by 10 points max. but 24? when I contacted the bureaus and the credit check monitoring program, no one can answer my question. 24 point is a lot for one inquiry. I am confused. can someone help me understand? thanks |
 |
 
Muledancer
|
Part of your credit score is the amount of credit that you have available vs the amount of debt.
As the economy scare worsens, credit card companies are lowering the maximum available credit on cards which will increase debt to credit ration which lowers FICO scores. |
|
bdancer222
 |
There's a certain amount of flux in your credit score due to creditors reporting at different times. Score calculations are also based mostly on the past 24 months -- maybe something aged beyond the 24 months and isn't counting as much in your score calculation.
But the real question is are you looking at a real FICO score or a Fako score? Credit monitoring isn't necessarily giving you a real, up-to-date FICO score. If you are paying for that monitoring service it is a waste of money. And you definitely don't need to check your report on a weekly basis.
If you have derogatory items on your credit report, work on settling them. Start with the newest and work back to the oldest. Paying off derogatory items won't improve your score, but paid old debt looks better than unpaid and creditors look at your whole report.
Space out your free annual credit reports (one credit bureau every 4 months) to review for errors. Pay all you bills on time and your score will take care of itself. You really don't need to check your score more than once a year, if that often. It takes at least 24 months of consistent, on time payment history to improve your score.
But if you want to check your score, go to MyFico.com. You will get real, up-to-date FICO. |
|
Rachel
|
That does seem like a lot for an inquiry to lower your score. Have you been charging more lately? If your ratio of credit used to available credit worsens, your score will drop. If that is the case, charge less or call your credit cards and ask that they up your limit...that will improve your ratio of debt used. |
|
golferwhoworks
|
It was a hard pull and the dealer may have shot gunned your credit and they may have reissued it in their system for approval and it may never show up in the report |
|
Brandy
 |
Ok first of all, every time you pull your credit report your beacon score drops. I'm not sure how much but if you say 24 points then that sounds about right. You can check your credit report frequently without pulling your score, just don't pay that extra fee and you can see the rest of it without your beacon score dropping. Once a year you can also get your credit report for free but no beacon score is attached. You don't need that to see what you owe creditors.
Also, your credit score will automatically rise when you keep paying your monthly bills (mortgage and credit cards, etc.) on time. If you have a credit card, make sure the balance owed is half than what is available. If it is over half, your credit score will drop.
Make your payments on-time. Infact, if you only pay the minimal then it will take you longer than what the contract says to pay off due to daily interest rates. |
|
Jay S
 |
Last I was told by Equifax reps was that an inquiry will hit you up for 8 points.
Being the end of the month just passed, I would wager that one of your current/older creditors updated something because some do it on a monthly basis. If you have an account that last reported a good payment 24 months ago, then that record would be dropping off for FICO reporting purposes. Perhaps something that paid off back then or something. That's one less good thing to report, so the score drops a little.
Don't be so obsessed with your score. All a high score means is that you are good at giving other people your money. Don't make the mistake of equating a lower score with bad credit. They are not always same and a real bank knows this.
|
|
anaise
|
You checking the report too often is bringing the score down. You are considered an inquiry every time you look into it. The smart thing to do is check it twice a year. Work on the problematic areas and once they are resolved you go check it again at the end of the year. |
|
Sassycosmo
|
Well first of all, stop checking your score so often.I would check to make sure that the credit report monitoring didn't put a ding on your credit. Normally you are allowed one to two ''free'' looks a year without penalty. It could also be that it just took sometime for you score to reflect the change from when the dealership looked at it. What about other debt?? Have you checked to make sure that no one else is using your social security number? Credit card applicants will sometimes check before sending you an application. You can get them to stop if you see that is happening by contacting them. My point is, there are so many things that can make your credit score vary. My score is very high and I was denied by 2 banks at first for my car loan. Sometimes it just doesn't make sense. With all that is going on with the banks they are not just handing out loans anymore. Hope this helps. |
|
Ryan
 |
running your credit check decreases it as well. which means apply for many things |
|
latebreakfast
 |
If the inquiry showed up on your credit report, then that's why the score dropped. Scores aren't scored every day, just when you pull them.
The score saw the inquiry on your report and gave you less points than it did the last time you checked.
|
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 8 minutes(s) ago
| | | |
10 | 31 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
10 | 2 hour(s) ago
| | | |
10 | 5 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
10 | 9 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
