05-15-2013 12:05 PM
I did the shopping cart trick...and it worked. I realize they would have still approved and sent me the card if I didn't buy anything. I figure as soon as I get the card, I will pay the $20 balance I accumulated with the transaction.
But my question is, if I didn't buy something (thus no payment transactions recorded at a later time), would it still pop up on my credit reports?
I had a Macy's card for several years (5+), but quite frankly never used it (thus, in good standing!)....and it never popped on any of my 3 credit reports.
How long will it take for VS to report this on my credit reports? Will this one inquiry nose dive my currently improving score?
Thanks in advance for your guidance!
05-15-2013 12:12 PM
05-15-2013 02:31 PM
I have 3 cards backed by Comenity that I've never used, and all 3 are reporting on all 3 CBs. They showed up on the reports about 3 weeks after I was approved.
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.