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Frequent Contributor
Posts: 496
Registered: ‎03-09-2011
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Re: Fingerhut axed


LS2982 wrote:

digitaldiva wrote:

dyv8914 wrote:

What is fingerhut? I'm not up to date on all these new products Smiley Sad



Fingerhut is definitely not a new product; it's a mail/online company where you can order various things...very slow to give CLIs (I don't believe you can ask for one, either; but I'm not sure).  I have a Fingerhut account that was opened in 2004 with a starting CL of $225, and as of today, it's over $2,000.  I would close it, but it's my oldest reporting TL.

 

Edited to add: They do report to the CBs...in case you're wondering.


They only report to EQ / TU. Not EX.

 

I would have kept them but I felt like they were holding my credit report down to prime lenders.



Thanks for the info, LS; I knew they reported, but I wasn't sure if it was all three... Smiley Wink

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In the garden since 26 Jun 14...
Established Contributor
Posts: 756
Registered: ‎03-26-2010
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Re: Fingerhut axed

[ Edited ]

I axed Fingerhut as well.  Nothing I really wanted and credit has improved enough that I dont think I need them. Now I have to make sure they report all the information correctly. Don't see any point in keeping an account active if I don't use/need it.

 

 

 

Look out Credit One. You are next on the chopping block.  Smiley LOL

 

 

It wasn't open that long but I hope the positive history remaines on a report or two. 

Capital One Quicksilver Visa | Capital One Quicksilver Matercard | Sony Visa | ebay Mastercard | Best Buy Visa| Shell Mastercard | CareCredit | Amazon Rewards Visa | Discover it | Lowes | Home Depot | Chase Freedom | Ebates Visa | TJMAX Platinum MasterCard | Stash Signature Visa | Hilton Amex | Bank of America Cash Rewards Visa | Bank of America Better Balance Rewards Visa | US Bank Cash Rewards | Blue Cash AMEX | IHG Rewards Club World Mastercard | Barclay Cash Foward World Mastercard | Bank of America Travel Rewards Visa |
Frequent Contributor
Posts: 408
Registered: ‎03-16-2012
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Re: Fingerhut axed

I hate fingerhut. I've been preselected for their offers and they've sent me their catalog several times now. I was afraid I would have to start rebuilding my credit with them. Just the prices they charge for stuff plus the interest rates are crazy! Especially when you consider that most of their customers can't afford to pay more than everyone else for the same thing... 

 

I would've been thrilled to give them the ax myself.

Current Cards: Cap 1 Journey $3000, Cap 1 Playstation $2250, WFNNB Store Cards $2450 combined, Target $700, CareCredit $1700, Barclay Rewards Plat. Mastercard $1800, Old Navy $300, DCU Platinum Rewards Visa $2000, Swagbucks Rewards Visa $1000

Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) ) Ch.7 discharged 5/2009

Current Score: 671 EQ (09-27-2014 DCU) 660 TU (9/26/14 Barclays) Ex 688 (10/07/2014 Swagbucks)

Gardening since 9/22/2014


Established Contributor
Posts: 541
Registered: ‎12-02-2011
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Re: Fingerhut axed

Smiley Very Happy
LS2982 wrote:

So FP, Credit One, and Fingerhut have fell to the axe to make way from prime cards. Will wait for what Cap1 does with my subprime HSBC Household account before I make the decision on that one.

 

Feels so good!!!


You couldn't get me to admit to owning a Fingerhut card

Mega Contributor
Posts: 15,453
Registered: ‎04-09-2011
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Re: Fingerhut axed


learnin113 wrote:
Smiley Very Happy
LS2982 wrote:

So FP, Credit One, and Fingerhut have fell to the axe to make way from prime cards. Will wait for what Cap1 does with my subprime HSBC Household account before I make the decision on that one.

 

Feels so good!!!


You couldn't get me to admit to owning a Fingerhut card


Everybody has to start somewhere...........................




EQ FICO 548 3/3/16
Valued Contributor
Posts: 1,236
Registered: ‎12-12-2011
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Re: Fingerhut axed


LS2982 wrote:

So FP, Credit One, and Fingerhut have fell to the axe to make way from prime cards. Will wait for what Cap1 does with my subprime HSBC Household account before I make the decision on that one.

 

Feels so good!!!


You are so right to wait on HSBC account to see what will happen to it.

Walmart / SYNCB - 12,000 | JCP MasterCard / SYNCB - 10,000 | Capital One - 4,200 | Bank Of America 123 Cash Back - 12,000 | AMEX Hilton HHonours - 5,000 | PenFed Platinum Rewards Visa Signature - 30,000 | PenFed Travel Rewards AMEX - 10,000 | PenFed PLOC - 5,000 | PenFed Thrifty Credit - 9,800 | Discover IT - 11,000 | Barclays Rewards - 5,500 | Apple Rewards / Barclays - 6,500 | Citi Simplicity - 7,300 | Double Cash World MasterCard Citi 1,200 | Amazon.com Visa Signature - 5,000 | Chase Freedom Visa Signature - $6,200 | USAA Cash Rewards Plus AMEX - 8,500.
Frequent Contributor
Posts: 408
Registered: ‎03-16-2012
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Re: Fingerhut axed


LS2982 wrote:

learnin113 wrote:
Smiley Very Happy
LS2982 wrote:

So FP, Credit One, and Fingerhut have fell to the axe to make way from prime cards. Will wait for what Cap1 does with my subprime HSBC Household account before I make the decision on that one.

 

Feels so good!!!


You couldn't get me to admit to owning a Fingerhut card


Everybody has to start somewhere...........................


A good friend of mine has a fingerhut card, it's her first after a long span of troubled credit. Her reasoning is that she could buy things she actually needed and even though the prices were higher at least she didn't have to send in $300 to secure it before she could use it. Honestly that would have been my next stop too as I really didn't want to go the secured card route. Doesn't stop me from wincing at the name though.. lol

Current Cards: Cap 1 Journey $3000, Cap 1 Playstation $2250, WFNNB Store Cards $2450 combined, Target $700, CareCredit $1700, Barclay Rewards Plat. Mastercard $1800, Old Navy $300, DCU Platinum Rewards Visa $2000, Swagbucks Rewards Visa $1000

Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) ) Ch.7 discharged 5/2009

Current Score: 671 EQ (09-27-2014 DCU) 660 TU (9/26/14 Barclays) Ex 688 (10/07/2014 Swagbucks)

Gardening since 9/22/2014


Senior Contributor
Posts: 3,889
Registered: ‎05-24-2011
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Re: Fingerhut axed

[ Edited ]

learnin113 wrote:
Smiley Very Happy
LS2982 wrote:

So FP, Credit One, and Fingerhut have fell to the axe to make way from prime cards. Will wait for what Cap1 does with my subprime HSBC Household account before I make the decision on that one.

 

Feels so good!!!


You couldn't get me to admit to owning a Fingerhut card


Well, none of us own a card.  (they just use our acct # when ordering).

 

I have a FH too, and it's old, and it's only 600, and I never use it.  So my plan is to just wait til they close me out. 

 

LS:  What do you mean when you say "make way" for the better cards?   Can you explain how closing this is going to help that goal?  (My goal too, but I'm confused how this will help).  Thanks in advance.

 

ETA:  I actually have TWO FH accounts that are reporting as they sold/transferred a while back.  One open, one closed. 

STARTING: 11/24/10 EQ-584 EXP-648 TU04-595
CLOSED FIRST HOME 8/19/11 EQ-630 EXP-691 TU04-653
CURRENT: EQ-701 EXP-??? TU08-720
Frequent Contributor
Posts: 408
Registered: ‎03-16-2012
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Re: Fingerhut axed


Booner72 wrote:

learnin113 wrote:
Smiley Very Happy
LS2982 wrote:

So FP, Credit One, and Fingerhut have fell to the axe to make way from prime cards. Will wait for what Cap1 does with my subprime HSBC Household account before I make the decision on that one.

 

Feels so good!!!


You couldn't get me to admit to owning a Fingerhut card


Well, none of us own a card.  (they just use our acct # when ordering).

 

I have a FH too, and it's old, and it's only 600, and I never use it.  So my plan is to just wait til they close me out. 

 

LS:  What do you mean when you say "make way" for the better cards?   Can you explain how closing this is going to help that goal?  (My goal too, but I'm confused how this will help).  Thanks in advance.

 

ETA:  I actually have TWO FH accounts that are reporting as they sold/transferred a while back.  One open, one closed. 


Ah, see I've never owned one, so didn't know there wasn't a physical card. Friend called it a card, but, must just be an account.. I make the same mistake with Smart Connect all the time. Ours is linked to paypal debit, so I forget that smart connect doesn't actually have a card and the card we're using is just paypal debit.

Current Cards: Cap 1 Journey $3000, Cap 1 Playstation $2250, WFNNB Store Cards $2450 combined, Target $700, CareCredit $1700, Barclay Rewards Plat. Mastercard $1800, Old Navy $300, DCU Platinum Rewards Visa $2000, Swagbucks Rewards Visa $1000

Starting Score: 615 EQ (03-15-2012) 600 TU (03-21-2012 Barclays app) ) Ch.7 discharged 5/2009

Current Score: 671 EQ (09-27-2014 DCU) 660 TU (9/26/14 Barclays) Ex 688 (10/07/2014 Swagbucks)

Gardening since 9/22/2014


Regular Contributor
Posts: 201
Registered: ‎08-19-2012
0

Re: Fingerhut axed

I'm assuming using Fingerhut is better than going to those rent to own places...like rent a center or aarons?

Chase Southwest $5000 - November 2012 Wal Mart $1000 - November 2012 NFCU Visa $5,000 - Sept 2012 NFCU NavCheck $3,000 - October 2012 Amazon $900 - Aug 2012 Kay's Jewlery $2700 - Aug 2012 Buckle $250 (Shopping cart trick) - October 2012 Roaman's $250 (Shopping cart trick) - October 2012 Capital One Secured $225 - April 2012 Capital One Platinum $2500 - July 2012

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