07-09-2009 04:05 PM
My loan offer pulled my credit 06/24/09 and my credit scores are has follows:
TU: No credit score to report
I have a CD with my local credit union that has helped boost my score that high. I need to get a least 2 credit cards that use EQ and Exp. So far, every card I've tried seems to be using TU. Any suggestions??Your help is greatly appreciated.
07-09-2009 04:27 PM
with current scores your best bet is your local bank or cu if they'll work with you.
07-09-2009 04:30 PM
07-09-2009 04:35 PM
07-09-2009 06:31 PM - edited 07-09-2009 06:37 PM
Below is a summarized copy of the report. I'm in TEXAS. I have a CD" certificate of deposit" and my local credit union does not offer credit cards
Credit report pulled : 6/24/09
Equifax beacon 5.0 Score: 570
0040-Derogatory public record or collections filed
00014-length of time accounts have been established
00020-leghth of time since derogatory public record or collection is too short
00007-account payment history is too new to rate
FA- number of inquiries advesely affected the score, but not significantly
Transunion Classic(98) Score:N/A
SC3-file not scored because subject does not have sufficient credit
Experian (Ver2) Score: 609
38-Serious delinquency and public record or collection filed
18-number of accounts with delinquency
14-length of time accounts have been established
16-lack of recent revolving account information
08-too many inquires last 12 months
Amplify FCU : Date reported: 06/09 date opened:04/09 CL:500 Balance: 350 Past due:0 Late:0 Paying as agreed (XP/EF)
Cap One : Date reported: 06/02 date opened:10/01 CL:117 Balance: 0 Past due:0 Late:0 Paid (XP)
Account closed at consumer' request
Plains Comm : Date reported: 12/07 date opened:12/05-04/07 CL:250 Balance: 0 Past due:0 Late:0 Paid (XP/TU)
1stNatlCC: Date reported: 10/08 date opened:04/06-02/07 CL:250 Balance:628 Past due:628 Late: 16 90 dys Charge off (XP/TU/EF)
Consumer disputed this account
Medical Payment: Date reported:06/09 Balacne:554 (XP/EF)
Account in dispute-reported by subscriber; accont information disputed by consumer
Fin Cntl SVC Date reported 09/08date opened:-06/08 Medical $464 collections (TU/EF)
PLAINS COMM BK: Date reported 07/08 Date opened: 12/05-12/07 charge off CL $250 Balance: 430 (TU)
IC Sys Medical $250 reported 04/09 collections
UFCU: date reported 07/06 line of credit charge off Balance : 200 CL:200 (XP/TU/EF
IC Sys Medical $151 reported 05/09 collections (XP/TU)
Credit managememt- TWC Date reported: collection: $78 (XP/TU/EF)
IC systems Medical Date reported: 05/09 collections :$51 settled (XP/EF)
07-09-2009 06:36 PM
Based on your post on the Rebuilding forum, I would pull your free credit reports first and try and work on removing some of these collections before you worry about opening new credit. If you are trying to purchase a home then there are ways around your lack of credit. Start with repairing first, then go to the mortgage forum and seek information about FHA and USDA mortgages.
Again, work on fixing the baddies first.
07-09-2009 06:46 PM - edited 07-09-2009 06:47 PM
- last edited on
07-09-2009 06:49 PM
07-09-2009 06:53 PM - edited 07-09-2009 06:53 PM
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.