08-25-2012 04:45 AM - last edited on 10-07-2012 12:00 PM by LIGHTNIN
My scores are:
Ex: 673(as of the 11th of August, but checked today and it says 717 on experian's site)
No debts. Only one line of credit-a secured card I opened with Wells Fargo in February of this year(2012). Not sure when I should apply for a real credit card. I've never had one before. I'm getting offers in the mail, but I've declined to try thus far.
10-06-2012 02:47 PM - last edited on 10-07-2012 12:01 PM by LIGHTNIN
So with no debts, one secured card reporting and only a credit history going back to February of this year, should I apply for any actual credit cards? What can I do to help build my credit any further?
10-07-2012 12:00 PM - edited 10-07-2012 12:16 PM
"OP, I split your post to form a new one here. I had to edit the title, but changed nothing else.
If you'd like to change the title, click "Options" and then "Edit Message"."
ETA... Welcome to the forums,
To understand the way we talk around here, study this ....Common Abbreviations , or make a copy to put next to your computer.
Where did you get your CS (credit scores)? Most creditor use FICO scores.
Suggest reading The Son Of Credit Scoring 101. to know the difference between FAKO's and FICO's
That will get you started, I'll let others chime in.
10-07-2012 12:47 PM
I think I commented on your post on the Credit Card forums. Didn't you also co-sign for a car loan and get a Lowes and Walmart car? That's 3 brand new TLS.
10-07-2012 01:20 PM
Directing members to similar thread found here...http://ficoforums.myfico.com/t5/Credit-Cards/Need-
Combing threads, so you'll get the best advise possible and to avoid confusion. Locking Thread.
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.