03-28-2013 02:59 PM - edited 03-28-2013 03:00 PM
FingerHut seems to take a while to report.
In my case, I got approved with them on Feb. 16. Statement cut in early March and they are NOW just reporting the tradeline - so for me, they started reporting about 1 month and 2 weeks after first getting approved.
And FingerHut did credit February as "pays as agreed" along with the month of March, too.
I've also read around here that others have noticed, too, that they take a while to report.
03-28-2013 03:00 PM
They are just checking to see if you forgot where you came from.
03-28-2013 06:28 PM
My fingerhut reports as a store card... (revolving, not installment)
I made one purchase with it when I got the card in January of 10 or 11 (can't remember...).
I thought the price was fine...haven't seen the item offered anywhere else, and I've been very satisfied with them.
The account reports to EQ and TU, but not EX.
Three of four (unasked for) CLI's later, it's a $1,000 credit line with a zero balance.
No complaints from me.
03-28-2013 08:37 PM
That's good to know that FingerHut reports to 2 out of the 3 bureaus. All three would be nice, but two are nice, too. For some that can actually be a positive.
Let me throw in there too that regardless of your situation, DON'T MAKE ANY MAJOR PURCHASES at FingerHut. Like don't buy computers, furniture, stuff like that. You will pay through the nose for no reason at all.
The two products I bought were $148 and $168 respectively, but I knew that I was going to pay the balance off within a week of each purchase so as to avoid the "easy" and "small" monthly payments. But for most people, buy something for under $50 or under $100 if you can afford it and then pay it off - whether it be the full amount or half the amount spread over 2 months, but pay it off as fast as you can.
I think the goal with FingerHut is to take whatever paltry initial limit they offer and do the dance until they give you a nice, fat, juicy line of credit and then take a seat and let the "huge" credit line on your report shine.
03-31-2013 04:38 AM - last edited on 04-02-2013 07:17 PM by llecs
I'm looking at the Fingerhut credit details now as well, and they surely report to 2 majors bureaus - which increases your chances to improve the credit score (if you're not late with payments). I have found an infographic which describes Fingerhut account features (it has a review and FAQs at the bottom of the page), may be it can help. I've also heard that they can increase your CL quickly enough.
04-06-2013 12:58 PM
04-06-2013 02:38 PM
Yes I do not understand credit karma. It told me I have a poor chance to get a Discover It card but It also recommends the same card that I have a poor chance of getting for the range of my credit score. I applied thru this site and got approved ( do you think that had something to do with my approval) I mean I have been working hard on getting my credit right. I never would have thought I would have a Discove card within 1 yr of me rebuilding credit
04-06-2013 08:30 PM
These responses are not provided or commissioned by FICO. Responses 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.
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.