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New Member
oaolivas
Posts: 15
Registered: ‎05-27-2013

Re: Barclays card denied for lack of credit history

I do not belong to a CU.

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Senior Contributor
myjourney
Posts: 25,246
Registered: ‎02-07-2013

Re: Barclays card denied for lack of credit history


oaolivas wrote:

I really appreciate everyone's responses. I should note that I do have a few baddies on my report from back in 2003 and 2009 and am currently trying to re-build my credit. One was a negative checking account balance that I had completely forgotten about from 2003 (when I was a senior in high school) but had been reported this year so it was still showing up in my credit report. The other was an HSBC/Best buy credit card that had a remaining balance of $65, this was last reported in 2009 and marked as a write off. Again I've paid both these delinquincies off earlier this month. This last account still shows up as revolving on my credit report, is it possible for HSBC to re-open my account now that its been paid (given that it is still marked as revolving) and potentially use that as an existing line of credit when I recon with Barclays?


Not sure what you have from 2003 but it should be removed with 7 year rule dispute it with CB's 

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Moderator
pizzadude
Posts: 8,662
Registered: ‎01-28-2010

Re: Barclays card denied for lack of credit history

You can ask for that account to be reopened but the odds are very low. Almost all creditors will make you reapply rather than than reopening a closed account.
March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Barclays card denied for lack of credit history


myjourney wrote:

oaolivas wrote:

I really appreciate everyone's responses. I should note that I do have a few baddies on my report from back in 2003 and 2009 and am currently trying to re-build my credit. One was a negative checking account balance that I had completely forgotten about from 2003 (when I was a senior in high school) but had been reported this year so it was still showing up in my credit report. The other was an HSBC/Best buy credit card that had a remaining balance of $65, this was last reported in 2009 and marked as a write off. Again I've paid both these delinquincies off earlier this month. This last account still shows up as revolving on my credit report, is it possible for HSBC to re-open my account now that its been paid (given that it is still marked as revolving) and potentially use that as an existing line of credit when I recon with Barclays?


Not sure what you have from 2003 but it should be removed with 7 year rule dispute it with CB's 


I agree, anything over 7 yrs from DoFD should not be reporting. Dispute it!




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EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Moderator
Revelate
Posts: 8,349
Registered: ‎12-30-2011

Re: Barclays card denied for lack of credit history


LS2982 wrote:

myjourney wrote:

oaolivas wrote:

I really appreciate everyone's responses. I should note that I do have a few baddies on my report from back in 2003 and 2009 and am currently trying to re-build my credit. One was a negative checking account balance that I had completely forgotten about from 2003 (when I was a senior in high school) but had been reported this year so it was still showing up in my credit report. The other was an HSBC/Best buy credit card that had a remaining balance of $65, this was last reported in 2009 and marked as a write off. Again I've paid both these delinquincies off earlier this month. This last account still shows up as revolving on my credit report, is it possible for HSBC to re-open my account now that its been paid (given that it is still marked as revolving) and potentially use that as an existing line of credit when I recon with Barclays?


Not sure what you have from 2003 but it should be removed with 7 year rule dispute it with CB's 


I agree, anything over 7 yrs from DoFD should not be reporting. Dispute it!


Ch 7 BK's and tax liens :smileyhappy:.

 

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New Member
oaolivas
Posts: 15
Registered: ‎05-27-2013

Re: Barclays card denied for lack of credit history

hm I'll be looking into and let you guys know what happened. Once again I appreciate everyone's help.

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011

Re: Barclays card denied for lack of credit history


Revelate wrote:

LS2982 wrote:

myjourney wrote:

oaolivas wrote:

I really appreciate everyone's responses. I should note that I do have a few baddies on my report from back in 2003 and 2009 and am currently trying to re-build my credit. One was a negative checking account balance that I had completely forgotten about from 2003 (when I was a senior in high school) but had been reported this year so it was still showing up in my credit report. The other was an HSBC/Best buy credit card that had a remaining balance of $65, this was last reported in 2009 and marked as a write off. Again I've paid both these delinquincies off earlier this month. This last account still shows up as revolving on my credit report, is it possible for HSBC to re-open my account now that its been paid (given that it is still marked as revolving) and potentially use that as an existing line of credit when I recon with Barclays?


Not sure what you have from 2003 but it should be removed with 7 year rule dispute it with CB's 


I agree, anything over 7 yrs from DoFD should not be reporting. Dispute it!


Ch 7 BK's and tax liens :smileyhappy:.

 


I agree, anything everything other than tax liens and BK's over 7 yrs from DoFD should not be reporting. Dispute it! :smileytongue:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Frequent Contributor
NewtoCredit80
Posts: 324
Registered: ‎04-12-2013

Re: Barclays card denied for lack of credit history

If you have paid the best buy card then you should write Good Will letter to creditor to delete the credit line from your report. Even paid collection drag your score down. I agree with LS that CapOne is your best bet.


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New Member
oaolivas
Posts: 15
Registered: ‎05-27-2013

Re: Barclays card denied for lack of credit history

What is a good will letter?

Super Contributor
enharu
Posts: 6,889
Registered: ‎02-27-2013

Re: Barclays card denied for lack of credit history


oaolivas wrote:

What is a good will letter?


This topic has answers and steps on how to do it: 

http://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/GW-letter-Q-amp-A-Examples-and-GW-Success-Sto...

 

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