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Established Contributor
jbh
Posts: 763
Registered: ‎07-04-2008
0

Re: How Do Au's Get A Real Card? Trying For My GF...

Thanks.

So, basically, au DOES get people in the door just as long as it's *active*.
This means a lot to us. TY
Established Contributor
rom828
Posts: 932
Registered: ‎08-17-2007
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Re: How Do Au's Get A Real Card? Trying For My GF...

Well, at least that was our experience...and as I said DH was AU on just store cards.....I would think that even sub-primes would carry somewhat more weight when apping than just store cards..
 
I'd say go for it....add her as AU--give it time to report , then try apping...
FICOS: TU 732(7-18-14) EQ '08 734( 7-23-14) EX 727 (7-23-14)


Established Contributor
jbh
Posts: 763
Registered: ‎07-04-2008
0

Re: How Do Au's Get A Real Card? Trying For My GF...

Thanks. Orchard is sending us papers so she can be a joint user. It should (from what I gather) also report the same way and she'd have the ability to use it directly.
Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007
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Re: How Do Au's Get A Real Card? Trying For My GF...

I am shocked and surprised you are having any problems at all getting your GF credit cards. My SO had/has numerous unpaid medical collections on her reports. A ton. I put her on a couple of my cards as AU and she had no problems getting toy limits with Cap One and Orchard. Walmart gave her 500 bucks and she just got a 300 limit with Fashion Bug. Her scores were EX 670 TU 654 and EQ 628. She had absolutely 0 credit history of her own.
Established Contributor
jbh
Posts: 763
Registered: ‎07-04-2008
0

Re: How Do Au's Get A Real Card? Trying For My GF...

Yeah, without any revolving accounts, chase won't deal with her and we assume BoA will too. We're both interested in a boa card so we'll go to the boa branch on Wed to talk to them. She will pay her CA and have it removed. This way, she'll have a natural 700+ score across the board.

My only concern is that her au history is LONG, like 19 years. Would my new account tank her scores with the average age of account? The benefit is she'd have activity but the negative is the lower average. I guess it's worth it, though.

Worst case, she'll get $99/500 secured card but I would think with a 771 EQ even with limited history ONE Cu would talk to her. But it's too risky to waste inq's when they all seem so picky. HOpefully by November 6 months of activity from my card will get her past sub prime world.

Ty, guys.
Senior Contributor
smallfry
Posts: 4,831
Registered: ‎04-20-2007
0

Re: How Do Au's Get A Real Card? Trying For My GF...

Average age will go down to 8-9 years. I should be so lucky. :smileyhappy: Unless you want to load the report up with sub prime crap just get the collection off then get a secured BofA. Down the road she should have no problems getting in with Citi and Chase and AmEx. Thing is the game is getting wackier by the minute and it is impossible to tell how these creditors will react.
Valued Contributor
jmbfl
Posts: 1,185
Registered: ‎03-04-2008
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Re: How Do Au's Get A Real Card? Trying For My GF...

[ Edited ]


jbh wrote:
The ca will go away instantly when paid (NY 5 year law for paid ca's).
To be absolutely clear, here is the law:
 
§  380-j.  Prohibited  information. 
 
  (f)  (1) Except as authorized under paragraph two of this subdivision,
  no consumer reporting agency may make any consumer report containing any
  of the following items of information.   (i)  bankruptcies  which,  from
  date  of adjudication of the most recent bankruptcy, antedate the report
  by more than fourteen years;
    (ii) judgements which, from date of entry, antedate the report by more
  than seven years or until  the  governing  statute  of  limitations  has
  expired,  whichever  is the longer period; or judgments which, from date
  of entry, having been satisfied within a  five  year  period  from  such
  entry date, shall be removed from the report five years after such entry
  date;
    (iii)  paid tax liens which, from date of payment, antedate the report
  by more than seven years or, a  paid,  satisfied  or  vacated  tax  lien
  involving a purchaser, transferee or assignee in a bulk sale transaction
  who  has  been deemed liable by the state tax commission for sales taxes
  due from a seller, transferrer or  assignor  under  subdivision  (c)  of
  section  eleven hundred forty-one of the tax law, where the receipt by a
  credit reporting agency from such purchaser, transferee or assignee of a
notice, or true copy thereof, from the  state  tax  commission  to  such
  purchaser,  transferee  or  assignee  that his liability has been wholly
  paid or satisfied or no longer exists, antedates the report by more than
  thirty days;
    (iv)  accounts  placed  for  collection  or charged to profit and loss
  which antedate the report by more than seven years; or  accounts  placed
  for  collection  or charged to profit and loss, which have been paid and
  which antedate the report by more than five years;

    (v) records of conviction of crime which, from  date  of  disposition,
  release, or parole, antedate the report by more than seven years;
    (vi)  information regarding drug or alcoholic addiction where the last
  reported incident relating to  such  addiction  antedates  the  consumer
  report or investigative consumer report by more than seven years;
    (vii) information relating to past confinement in a mental institution
  where  the  date  of  last confinement antedates the report by more than
  seven years; or
    (viii) any other adverse information which  antedates  the  report  by
  more than seven years.
    (2) The provisions of this subdivision shall not apply to:
    (i)  a  credit  transaction  involving,  or  which  may  reasonably be
  expected to involve, a principal amount of  fifty  thousand  dollars  or
  more;
    (ii)  the  underwriting  of  life  insurance  involving,  or which may
  reasonably be expected to involve,  a  face  amount  of  fifty  thousand
  dollars or more; or
    (iii)  the  employment  of  any  individual  at an annual salary which
  equals, or  which  may  reasonably  be  expected  to  equal  twenty-five
  thousand dollars, or more.
   


Message Edited by jmbfl on 09-22-2008 05:40 PM
Established Contributor
jbh
Posts: 763
Registered: ‎07-04-2008
0

Re: How Do Au's Get A Real Card? Trying For My GF...

All I know is that EXP rep said it'll be deleted when I notify them it's paid due to it being 5 years. Last thing I need is them reading that and continuing to ruin my gd life.
Established Contributor
miahmarie
Posts: 648
Registered: ‎02-04-2008
0

Re: How Do Au's Get A Real Card? Trying For My GF...

Did she call Chase for a RECON? If the denial is still new she should try that. Chase does a large amount of these at least from what I have seen. I got my Amazon that way, and I "puffy heart" Chase!
Established Contributor
miahmarie
Posts: 648
Registered: ‎02-04-2008
0

Re: How Do Au's Get A Real Card? Trying For My GF...

Sorry I didn't read far enough--see the no account thing. Nevermind :smileysad:

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