08-22-2009 01:16 AM
Hello I am a new My Fico member as of last week, I have been in the U.S. Army for 13 years, My wife and I had to Declare Chapter 7 Bankruptcy in OCT 2004, My Credit it starting to be repaired very slowley my scores are Transunion 664, Equifax 688 and Experian 716 but I continue to get turned down for a credit card I have only had one inquire in the last 12 months which was yesterday and turned down again through my credit union USAA I do not know what to do or who to apply with to get us back on track. Also my wife has not had any credit history since 2005 on an autoloan which is paid off and she also cannot recieve credit anywhere to rebuild can you help us out.
08-22-2009 03:09 AM
Where did you get your scores from? As of last February, it is impossible to pull your EX FICO score. If you got your EX score from the same source as your TU and EQ scores (other than from a lender), then you don't have any FICO scores. If this is the case, you may want to pull your two FICO scores from this website. The advantage is not only do you get to see your two FICO scores, but within the reports, it'll tell you what is hurting your score and what is helping your score. You can use that info to springboard into improving your scores and credit.
Do you have any open CCs reporting? If not, getting that first one is tough. Would you be open to getting a secured CC from somewhere?
Welcome to the forums and thanks for your service!
08-22-2009 10:23 AM
Thank you for your quick response, I bought the Suze Orman FICO Kit and that is where I recieved my TU and EQ FICO Scores and then I went to annual credit report and got EX but I figured the EX was wrong it just didnt seem right, and to answer your second question my wife and I do not have any credit cards and we are debt free except for one auto loan, and getting our first CC is seeming to be tough basically what is they best place to get one and is getting a secured CC a good way to go. I just need to start somewhere that will be a positive gain in the future do you have any suggestions.
08-22-2009 04:19 PM
08-22-2009 04:53 PM
08-23-2009 01:07 AM
08-23-2009 07:32 AM
08-23-2009 07:44 AM
USAA is harder to get with a BK wait until that falls off then reapply. Since your Military I'd go with NFCU try the unsecured if thats a nogo then go with the secured NFCU they are awesome and you won't waste your inq being turned down.
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.