04-17-2013 10:59 PM
I've been trying to keep my brother up to date with what I've been doing and explaining the benefits of maintaining good credit, etc. he now wants a CC. He has a car in his name (the car is in both his and my mom's name), which he got back in August. He's been denied from Capone platinum and even american eagle's store card. How is it that he's had an auto loan in his name and have been making payments on time (except 1) but when he signed up for creditkarma and creditsesame, they said no score due to insufficient history? But then, when Capone denied him, they said his EX score was in the mid 600s, so I'm confused. Should he just buy the EQ and TU scores from here so he'll know for sure?
04-17-2013 11:50 PM - edited 04-17-2013 11:51 PM
Possibly financing with a company who doesn't report
Example buy here pay here most of them don't report to CR
04-18-2013 04:56 AM
CS and CK are generally considered unreliable. For a better way to determine if the car loan actually reports,
start with pulling your FREE Credit Report's from annualcreditreport.com. They tend to have more info on them than ones from a 3rd party. The Credit Reports from annualcreditreport.com, come directly from each of the CRA's. You can pull 1 Free Credit Report from TU, EQ and EX every 12 months.
Save your money and Don't Buy the Scores, they are what we call FAKO's.
04-21-2013 04:45 PM
The company does report, because it shows one late payment on my mom's report from his car. Also, he's really trying to get a card, if he has to go secured, he will, but he's really looking for an unsecured. Should I have him apply for Walmart CC and CapOne Journeys? And if denied, I'll have him apply for a secured card?