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Is fingerhut revolving or installment loan?

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Henchman21
Frequent Contributor

Re: Is fingerhut revolving or installment loan?


@Henchman21 wrote:

I was approved for the Freshstart program. I read, very specifically, on the website that you could pay it off early no problems. I did that, because I wanted to get started on the revolving account. But it looks like they're not going to give it to me because I paid it off TOO early?? Not happy.


Just an update. Still nothing. I hope I DON'T get it now!

2/16/13 Scores EX: 594, TU:513, EQ:563 -- Cap One Secured: $200, Kay's: $400

GOAL #1: 625 -- CHECK!

3/31/15 Scores TU: 621 -- Cap One Secured: $750, Kay's: $900, CareCredit: $1000, Aerie $350, Fingerhut $1350

Goal #2: A travel card. REC ME!
Message 21 of 29
Anonymous
Not applicable

Re: Is fingerhut revolving or installment loan?

I started with the fresh start paid the $30 then the next month paid it off I know how the revolving line. They changed it over shortly after I paid off the fresh start.

Message 22 of 29
MrCrabs
Regular Contributor

Re: Is fingerhut revolving or installment loan?

I made about 2-3 payments and just PIF not sure if I'll get credit account yet or not, but not too worried about.
Capital One Platinum | $1,500Discover IT | $1,800Victoria's Secret Angel VIP | $500Citi Secured | $200
Message 23 of 29
MrCrabs
Regular Contributor

Re: Is fingerhut revolving or installment loan?

Actually just got email from Fingerhut, called and got credit account but it's only for $230 :/ Anyone know if they will CLI right after recieving credit and is it SP or HP?

Capital One Platinum | $1,500Discover IT | $1,800Victoria's Secret Angel VIP | $500Citi Secured | $200
Message 24 of 29
Anonymous
Not applicable

Re: Is fingerhut revolving or installment loan?

They don't as I got the revolving account and purchased an item and paid it off and haven't received a cli yet some say it takes a month some say 3 months.  

Message 25 of 29
Anonymous
Not applicable

Re: Is fingerhut revolving or installment loan?

I started with the fresh start program I put the down payment then received the item made two additional payments which paid it off couple weeks later received revolving account all in less than a month from receiving the fresh start program

Message 26 of 29
Anonymous
Not applicable

Re: Is fingerhut revolving or installment loan?

Hi everyone, just wanted to share with you that September was 12 months with Fingergut. In those 12 months I got 3 auto cli and I am know at $1,500. I stay at 10% uti and just pay a little every month and its gotten me rewarded.

Message 27 of 29
Anonymous
Not applicable

Re: Is fingerhut revolving or installment loan?

How long did take u to get your first increase

 

Message 28 of 29
Anonymous
Not applicable

Re: Is fingerhut revolving or installment loan?

I want to say it was at the 3, 7th and 12th month. Beginning was $500 then $900 and finally last month $1,500.

Message 29 of 29
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