10-05-2008 05:34 AM
Right --neither you nor any family members have to have connections to the military or be a federal employee or contractor. You just go via the National Military Families Association, which is kind of a support group, I suppose. And you only have to join them initially; you don't have to keep going with them.
Oh I just read the "fine print" and it does look like you don't actually need to have family in the armed forces. In that case this might work out
10-05-2008 12:40 PM
Thanks for the advice all.
One more question though!
Is it worthwhile to get a Charge Card to have that in my "mix of types of credit"? As far as I know the only one out there is AMEX and I kind of dread getting an AMEX after everything I've read about how unpredictable they are. What other options are there?
10-05-2008 01:00 PM
My Sears card also reports as a Charge Card... but I was under the impression that a Store card isn't quite the same as an AMEX charge card when it comes to the mix of types of credit.
10-05-2008 01:29 PM
10-05-2008 01:35 PM - edited 10-05-2008 01:36 PM
Types of Credit Used
* Number of (presence, prevalence, and recent information on) various types of accounts (credit cards, retail accounts, installment loans, mortgage, consumer finance accounts, etc.)
10-05-2008 03:09 PM
Just as an aside, Kohl's still call their store card a charge card.
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.