for questions related to credit worthiness history, related tags credit-score, credit-rating and credit-report
4
votes
1answer
74 views
How can I get a home loan within 2 years of bankruptcy?
About 1.5 years ago I had my bankruptcy discharged. Now, the lease on my house is up and I have about $7k for a down payment on a small starter house (they asking $55k)
However the 2 places I have ...
1
vote
1answer
65 views
How can I get approved for a store credit card?
How is a person supposed to get approved for a store credit card if they have insufficient credit history?
I just received a secured Visa card, but am wondering how long it will take to establish a ...
4
votes
2answers
131 views
How do the personal finances of additional cardholders affect your reputation?
I have excellent credit myself, but I have on my account an additional cardholder (family) whose credit isn't so spectacular. (They only use the card for emergencies and always deposit cash in my ...
3
votes
3answers
129 views
How will making monthly student loan payments before grace period ends affect credit?
I recently graduated with student loan debt, and my grace period will be ending soon. Most of these loans are subsidized, meaning I do not pay interest until the end of my grace period. If I begin ...
6
votes
2answers
355 views
How do I fix my credit score when I have bad things in my credit history?
I am trying to improve my credit score and have been looking for companies to take charge of this effort. But I found them to all be shady at best so I have taken the task upon myself.
I have not yet ...
3
votes
1answer
263 views
Credit History from ITIN to SSN
I am an international graduate student on an ITIN (I recieve fellowship and not assistantship so I am not eligible for SSN). I will be changing to a job that allows me to have an SSN next July.
Right ...
3
votes
1answer
70 views
Does it make sense to remove old entries from my credit report?
On my credit report, I have a ton of stuff that ended in 2002, 2003, 2004. Theoretically speaking, these items should not be on my credit report due to age. None of these items are negative.
...
4
votes
6answers
422 views
Is NO credit history the same as BAD credit history?
I found the following article which said
If you don’t use a card at all, you have no credit history. That’s
almost the same as bad credit history.
1) Do they mean the same?
2) If YES, why?
...
0
votes
1answer
262 views
What percentage of your credit card limit should you use [duplicate]
Possible Duplicate:
What is the optimal ratio of used credit to credit limit for your credit score?
Does length of credit history or percent of credit used count for more?
I just read ...
2
votes
3answers
239 views
Bank statements - should I retain hardcopies for tax or other official purposes (or keep digital scanned copies)?
Should I retain bank statements hardcopies for tax or other official purposes? Or are scanned digital copies valid in such circumstances?
I am a salaried employee with no other income and fairly ...
1
vote
1answer
2k views
How long to wait before refinancing a high interest car loan, after improving credit history?
I had no choice but to finance a car loan at a pretty disgusting rate (14%) thanks to "insufficient credit history" back in the end of September. My credit score was good.
Now it's January; I've been ...
13
votes
4answers
1k views
What can I realistically do to raise my credit score?
I have a crappy credit score. My situation in a nutshell:
In the divorce, the ex got the home, which was then foreclosed on. My name was still on the mortgage. That was in 2009 or so.
I attempted ...
6
votes
3answers
682 views
Why do lenders do a hard pull when they can do a soft pull instead or are these different reports?
After I was done with my month long credit card applications to establish a credit history, I read and discussed more on how to build a good credit history.
During my conversations, I spoke with a ...
2
votes
1answer
280 views
Paying off all your credit cards but one before statement generation date : helpful?
Some people advocate paying off all your credit cards but one before statement generation date, and maintain a utilization of no more than 9% on that card
Here is my understanding and information I ...
2
votes
4answers
522 views
Should I pay off my car loan within first year or wait until at least one year has passed?
I have the capability of paying off my car loan of around $15,000 by end of June next year, however this loan started this month.
I have heard loans/accounts kept open for more than a year are on ...
5
votes
2answers
192 views
What happens to my credit card or line of credit if my bank goes bust?
What happens to my credit card or credit line if the bank goes bust?
I'm not concerned about the BALANCE on them, I'm concerned about losing an older credit line and its effect on my credit history ...
5
votes
2answers
70 views
If there's no credit report at one of the three agencies does this affect decisions by creditors to offer me credit?
This is a very naive question, but I don't know much about this. I asked a similar question before, but the emphasis was different. I managed to get a credit report through Experian and Equifax (and ...
4
votes
3answers
105 views
What proactive measures can be taken before or when a lender closes your credit card?
A blogger and contributor here recommended Digital Federal Credit Union (DCU) as a possible lender in my search for cash secured credit cards to establish my credit history, and I got approved for one ...
3
votes
2answers
280 views
How bad would maxing out my credit card once a year affect my score
I just got approved for a $1500 cash secured credit card from Wells Fargo.
This means I have no credit history whatsoever, and am going to use this card to establish one.
With fall semester at ...
6
votes
3answers
363 views
What are my chances at getting a mortgage with Terrible credit but High income
I want to get a house in the near future(ideally within 6 mo. to a year) and my credit is very poor right now. Basically, I was working in a job that I could barely make it on, and missed payments on ...
7
votes
3answers
1k views
Ways to establish credit history for international student
I am a student on a F1 Visa in the US.
Being a non US Citizen and on a student Visa, I am unauthorized to work off campus, and so I am restricted to work upto 20 hours a week on a hourly wage and ...
10
votes
2answers
212 views
Should I keep recently opened Credit Cards that I don't use?
After investigating these questions (1 and 2) I am still in doubt in what to do with my current situation.
I have many credit cards because over the years I have been given better deals on them. So I ...
6
votes
4answers
163 views
What's a good next step in rebuilding my credit rating?
Here's a summary of my current position:
Current credit rating of 600/610 (I think. I'm positive it was in the lower 600's 4 months ago)
I've had a card for a year, $500 limit, no late payments, ...
8
votes
2answers
2k views
Will upgrading my credit card affect my credit history length?
Background: I recently graduated from college. I have had a student credit card (Visa) with Wells Fargo since 2008 and it is my only credit card. Obviously, I do not want the history of this card to ...
4
votes
3answers
172 views
How long does it take for a person's credit profile be established?
A Canadian friend recently got a job in the US and started working 3 months ago. He went through some trouble to obtain his first credit card in mid-December. The problem is that any credit issuer ...
3
votes
3answers
1k views
Adding myself as a co-holder of my parent's credit card will build my credit history?
I have been in the U.S. since 2007 as a student, and only recently realized the importance of buliding my credit history.
My belief is that a credit card is the way to start building a credit ...
5
votes
4answers
755 views
Will paying off my car early hinder my ability to build credit?
I don't have much credit because I am young but I did recently purchase a car which I am paying 9% on. This seems ridiculously high to me and I was thinking about pulling out some of my stocks to pay ...
7
votes
4answers
2k views
Are credit histories/scores international?
I'm starting work in the US, and I'm wondering if my credit history will transfer. If not, is there a way for me to gain an "international" credit history, or equivalent, in expectation of other ...
11
votes
3answers
375 views
Should I really pay off my entire credit card balance each month or should I maintain some balance?
I've heard two conflicting things:
One is that you should pay your entire credit every month, and the other that you should maintain roughly %30, %50 (it varies by who you ask) of your available ...
4
votes
2answers
93 views
Who checks my credit history when I apply for a credit card?
I'm guessing this may be how it works:
Card company > Some Company > Me
I can get a credit card from my bank or some company. Do those guys review my history? Or does the card company? Perhaps "Some ...
13
votes
5answers
2k views
Is it true that it's better to have bad credit than no credit?
There's a popular saying:
It's better to have bad credit than no
credit.
Is this true?
12
votes
8answers
381 views
Relocated to USA. How to get credit card without existing credit history / score?
I recently relocated to USA and have no Credit Score.
Is Secure Credit Card is the only option for me to start building my credit score?
Also please recommend which other credit cards are available ...
15
votes
3answers
220 views
Global credit record: Would my good credit history apply internationally?
Does my credit record apply internationally?
For example, if I have a good credit record in Australia, with a car / house loan and a credit card or two, can my good credit rating be seen by banks and ...
