10-09-2012 12:50 PM
Just got an offer, anyone have this?
If you're in the building stage of your credit life, I wouldn't go for it since it doesn't report, and would probably go for PP extras mastercard or smart connect. If you want a little hidden tradeline it is pretty decent from what I've heard.
10-09-2012 12:51 PM
Yes I do. Beware that regardless of what anyone (including CSR's) tells you, it IS a hard pull. They give you 6 months no payments I think - BUT - make sure you write it down on your calendar or set an alarm or something because if you forget about it (which is what they hope you do) they charge interest retroactively to the opening of the account. Other than that enjoy buying now and paying later.
10-09-2012 01:01 PM
Got one by email today but I am trying to be good and not have any inquiries on my report so i just ignored it.
10-09-2012 01:14 PM
I got one too. Staying in the garden though!
10-09-2012 01:17 PM
I have Bill Me Later too, no it doesn't report to the agencies so yea if you're trying to build a history, Bill Me Later is useless in that department. I haven't noticed a HP on my CRs yet. I've had it for about a month.
10-09-2012 01:50 PM
It is an unusual account.
No reporting to CB, unless you default. So you can use deferred interest without effecting your utilization.
Lot of deffered interest deals for 6 months or more. Deffered interest means you are charged interest from the date of purchase, if you don't pay it off in time.
You can try to charge over your CL anytime you want (no HP) and they will accept or decline right then. So CL grow incrementally and dynamically.
DW is very happy with it.
10-09-2012 02:14 PM
Seems like many has received this offer! I got an email today stating I was pre-approved. Guess the holidays are approaching quicker than expected!
Dont know yet if I am gping to app for it though....
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO