Reply
New Visitor
Posts: 1
Registered: ‎08-26-2010
0

No undisputed tradelines exist with a status date or a balance within the last 6 months.

I am a college student with no credit, good or bad just because i have never had a credit card. I applied for the zync card from amex which a lot of people have recommended as great for students. I have a consistent income and am able to pay off any purchases I make. Can someone explain this error I get when I apply for the card? Is there any way around it?

 

Thanks so much for the help

Moderator Emerita
Community Leader
Epic Contributor
Posts: 28,098
Registered: ‎04-01-2007
0

Re: No undisputed tradelines exist with a status date or a balance within the last 6 months.

[ Edited ]

Hi, welcome to the forums!

 

It means that you currently have no credit. In other words you have nothing showing indicating that you've used credit within the last six months. If you had something, but it was disputed, it would have been ignored.

 

Sounds like you're going to have to start somewhere else. Is your college affiliated with a credit union, one that offers credit cards? If so, ask if they issue secured credit cards to those in your situation, who need to establish credit. A secured card means that you deposit $500, for instance, and receive a CC with a $500 credit limit.

 

Another option might be a CC marketed specifically to students. But I would definitely call first, tell them that you have no reported credit, an empty credit report, and no FICO score, and ask if will they issue cards to students in your situation.

 

Once you have some form of credit reporting for six months or so, you'll be in better shape. Lenders are chicken. They want to see that you have a history of managing credit, but no one wants to be the first.

 

 

edit to add: if there isn't a credit union available, there might be a locally-based bank that has a presence among students at your school. Ask the same question of them: will they help someone like you get started in credit. Be sure that they say yes, it's OK that you don't have any current credit history before you let them pull your credit. No point in getting a hard inquiry on your reports for nothing.

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
Senior Contributor
Posts: 3,197
Registered: ‎01-24-2010
0

Re: No undisputed tradelines exist with a status date or a balance within the last 6 months.

Capital One would be a good place to start among the major banks.   You might need to start with their secured card.

Epic Contributor
Posts: 24,407
Registered: ‎10-23-2007
0

Re: No undisputed tradelines exist with a status date or a balance within the last 6 months.

[ Edited ]

My friend was approved for $100 on Best Buy Mastercard with no file after he turned 21, he had been declined just a month or two earlier when he was still 20.  I would open up 1 account somewhere, Cap1 Secured would be great option to as previously posted... Wait 6 months after opening account and then try for the Zync again.

Fico Scores: EQ- 670., TU 705 Sync, EX 728 SoFi(05/04/15)
I'm just trying to catch up to RON1
Highest Limit: Navy Federal Cash Sigi Visa $50k (AU)
Lowest Limit: Target $200
83 Cards and Counting :smileytongue:
Established Contributor
Posts: 855
Registered: ‎06-29-2010
0

Re: No undisputed tradelines exist with a status date or a balance within the last 6 months.

@dgaballa --

 

Just to make sure. Are you at least 21, or do you have a job with verifiable income?

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.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

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.