Credit Card to Improve Equifax Score?

[Anonymous]

Yesterday, I went to a financial counselor and she did a "soft pull" of my credit with Credco. The results were as follows:

Equifax - No Score

Experian - 710

Trans Union - 669

Three unpaid collections, each for about $200.

She recommended I open up another credit card. What is the best credit card I can apply for in this situation?

How can I get my Equifax Score up to snuff, and does it matter that I have no Equifax score when I am applying for business credit, personal loans, car loans, etc?

[creditguy]

Do you currently have an credit accounts? If so none are reporting to EQ? 

[Anonymous]

I have a Discover card currently open, and I've had several Mastercards and a Guitar Center card in the past that were in good standing but are currently closed.

[creditguy]

Try prequals from Amex, Chase and Cap One and see what comes up, that would be a good start since you have pretty decent scores from Ex and TU. 

[SunriseEarth]

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@Anonymous wrote:

I have a Discover card currently open, and I've had several Mastercards and a Guitar Center card in the past that were in good standing but are currently closed.

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How recently did you acquire the Discover Card?   How long ago did you close the Mastercards and Guitar Center card?

[Anonymous]

>>> I have a Discover card currently open, and I've had several Mastercards and a Guitar Center card<<<

Discover would definitely report your credit activities to Equifax as one of the BIG 3 CRAs.

I'm betting your Equifax acct is FROZEN, you just need to thaw it out.

[Anonymous]

Where should I head to apply for prequalified Amex, Chase and Cap One cards?

I acquired the Discover Card a few weeks ago. I closed the Mastercards and Guitar Center card four to five years ago.

What's the first thing I need to do to thaw out my Equifax acct?

[RonM21]

Once the Discover reports, it may eventually generate something for EQ. But I'd go ahead with getting another card.