I think we've had some posts by members who have had trouble, even with long-standing clean mortgage history. I suppose lenders figure that a fixed monthly mortgage payment is easier for people to stay on top of than revolving credit with varying balances, so they like seeing that you already have a CC or two and have been able to resist going nuts with it. And please --I'm not defending this thinking; I'm just saying that seems to be what's going on in their finance-raddled brains.
What are your FICO EQ and FICO TU scores? (No telling about FICO EX, of course; thanks, Experian!
) What baddies are on your credit reports and how recent are they?
I'd suggest looking into a local credit union that offers CC's, or alternatively, your mortgage lender if they also offer cards. But really, credit unions are the way to go --much more willing to work with those who have little history or shaky history.
Most CU's like to pull EQ, although TU is much more common in the Upper Midwest, and of course, there are always individual quirks.
What are your FICO EQ and FICO TU scores? (No telling about FICO EX, of course; thanks, Experian!
) What baddies are on your credit reports and how recent are they?I'd suggest looking into a local credit union that offers CC's, or alternatively, your mortgage lender if they also offer cards. But really, credit unions are the way to go --much more willing to work with those who have little history or shaky history.
Most CU's like to pull EQ, although TU is much more common in the Upper Midwest, and of course, there are always individual quirks.
