https://ficoforums.myfico.com/t5/Credit-Cards/Upgrade-Visa-Card-experience/m-p/5995507#M1715662 <P>If it's the card I'm thinking of, you get approved for a line of credit. At the end of your statement, the balance you haven't paid gets turned into an installment loan. Not sure how it reports or if every loan dings your credit. It could be handy right now for people that need to stretch things out a bit after having hours cut or waiting for unemployment.</P> Wed, 22 Apr 2020 19:11:52 GMT Brian_Earl_Spilner 2020-04-22T19:11:52Z https://ficoforums.myfico.com/t5/Credit-Cards/Upgrade-Visa-Card-experience/m-p/5995475#M1715647 <P>Hello MyFico,</P><P>&nbsp;</P><P>I logged into Credit Karma and noticed I was preapproved for the Upgrade Card. I am going to stay in the garden for at least 6mo - 1yr. Last HP was March 24 2020. However, I am wanting to know about the pros/cons you have experienced with the Upgrade Line of Credit. It says "checking your line won't hurt your credit score." Again I am holding off so if you could share DP it might help me out down the line.</P><P>&nbsp;</P><P>Thanks in advance!</P> Wed, 22 Apr 2020 18:49:41 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Upgrade-Visa-Card-experience/m-p/5995475#M1715647 Anonymous 2020-04-22T18:49:41Z https://ficoforums.myfico.com/t5/Credit-Cards/Upgrade-Visa-Card-experience/m-p/5995507#M1715662 <P>If it's the card I'm thinking of, you get approved for a line of credit. At the end of your statement, the balance you haven't paid gets turned into an installment loan. Not sure how it reports or if every loan dings your credit. It could be handy right now for people that need to stretch things out a bit after having hours cut or waiting for unemployment.</P> Wed, 22 Apr 2020 19:11:52 GMT https://ficoforums.myfico.com/t5/Credit-Cards/Upgrade-Visa-Card-experience/m-p/5995507#M1715662 Brian_Earl_Spilner 2020-04-22T19:11:52Z