topic Re: NewEgg Credit ?? in Credit Cards

NewEgg Credit ??

bichonmom — Tue, 06 Mar 2012 08:51:44 GMT

Looking at NewEgg for a new computer. I was wondering how their credit works. Is it a typical revolver? Do the balance and CL report?

Which CRB do they pull?

Thanks!

Re: NewEgg Credit ??

boomhower — Tue, 06 Mar 2012 11:17:02 GMT

It's a good card. It's issued by CIT bank. It's not the easiest card to get though, I wouldn't apply with out at least a 680. They pull Equifax 95% of the time, have seen an instance of a TU pull but bet on Equifax. It does report everything.

Re: NewEgg Credit ??

Anonymous — Tue, 06 Mar 2012 11:18:26 GMT

I love me some newegg, other than this site, that's probably the site I spend hours at... even if I don't need a computer.

I'm pretty sure it does report to all 3 though.

Re: NewEgg Credit ??

Anonymous — Tue, 06 Mar 2012 11:32:24 GMT

I thought Newegg was a hidden tradeline but I could be wrong

Re: NewEgg Credit ??

jamesdwi — Tue, 06 Mar 2012 11:33:24 GMT

@bichonmom wrote:
Looking at NewEgg for a new computer. I was wondering how their credit works. Is it a typical revolver? Do the balance and CL report?

Which CRB do they pull?

Thanks!

checkout TigerDirect.com also has good computer deals, apply for a TigerDirectPrefered account, its though BillMeLater I got approved for a 4k account before christmas. They have 0% interest deals all the time. Also they don't report unless you mis a payment. So doesn't effect your UTL like a regular card would. And you are free to use 90% of your credit line with no negative effect on your score I don't remember what they pulled but I think it was 1 or 2 HP's to get the account.

Re: NewEgg Credit ??

LS2982 — Tue, 06 Mar 2012 12:01:13 GMT

@jamesdwi wrote:
@bichonmom wrote:
Looking at NewEgg for a new computer. I was wondering how their credit works. Is it a typical revolver? Do the balance and CL report?

Which CRB do they pull?

Thanks!

checkout TigerDirect.com also has good computer deals, apply for a TigerDirectPrefered account, its though BillMeLater I got approved for a 4k account before christmas. They have 0% interest deals all the time. Also they don't report unless you mis a payment. So doesn't effect your UTL like a regular card would. And you are free to use 90% of your credit line with no negative effect on your score I don't remember what they pulled but I think it was 1 or 2 HP's to get the account.

That sounds like a good alternative than using CC's! Maybe next year i'll try it out when my INQ's are lower.

Re: NewEgg Credit ??

hammertime — Tue, 06 Mar 2012 12:55:27 GMT

They pull EQ. It is a hidden tradeline that does not report. I have 4k for about 2 years now.

Re: NewEgg Credit ??

Anonymous — Tue, 06 Mar 2012 13:37:34 GMT

Ive had my newegg account for years. I love it and im always buying new parts or builds. Hardcore geek gamer over here! However it is a hidden tradeline for me. Always 6 months deferred on $299 and up and quick shipping. Do it!

Re: NewEgg Credit ??

Anonymous — Tue, 06 Mar 2012 13:41:23 GMT

Yep, I stand corrected, spoke to a friend who has an account with them... hidden tradeline.

Re: NewEgg Credit ??

Chaos122 — Tue, 06 Mar 2012 18:57:48 GMT

Yeah, its a hidden tradeline, doesnt report (unless you default of course). I have 2 accounts wih them newegg and macmall and they are great, easy approval in my opinion.

Re: NewEgg Credit ??

Anonymous — Tue, 06 Mar 2012 19:13:43 GMT

I got mine a year ago. I bought microwave oven and got 12 months deffered interest which I just paid off.

Gave me a $5600 CL, which is huge considering my credit of a year ago.

Offered by Webbank, Powered by Bill Me Later. Tradeline is hidden.

Very happy with it.

If you already have a BillMeLater, you can use that with deffered interest deals rather than getting an extra account.

Re: NewEgg Credit ??

bichonmom — Tue, 06 Mar 2012 19:14:41 GMT

Thanks for the replies! I'll checkout Tiger, too. Love that it's hidden so it doesn't affect my util.

Re: NewEgg Credit ??

chromonso1 — Tue, 06 Mar 2012 20:28:10 GMT

I'm the opposite I wish it would report since I have a 2.4k line which would look nice in my current mix.

I'm quite proud of myself since i've only used about $300 for that line and that was for black friday 2010. Maybe because the APR is so high.

Re: NewEgg Credit ??

Anonymous — Tue, 06 Mar 2012 20:42:09 GMT

@boomhower wrote:
It's a good card. It's issued by CIT bank. It's not the easiest card to get though, I wouldn't apply with out at least a 680. They pull Equifax 95% of the time, have seen an instance of a TU pull but bet on Equifax. It does report everything.

Not incorrect but they now go by the name WebBank (formerly known as CIT).

Re: NewEgg Credit ??

Anonymous — Tue, 06 Mar 2012 23:22:00 GMT

WebBank (formerly known as CIT) also has the Dell CC.

Re: NewEgg Credit ??

boomhower — Tue, 06 Mar 2012 23:53:41 GMT

@Anonymous wrote:
WebBank (formerly known as CIT) also has the Dell CC.

They do report Dell accounts, great CLI's too.

Re: NewEgg Credit ??

Cotton_Britches — Wed, 07 Mar 2012 00:12:37 GMT

Where do you apply for credit with NewEgg? I checked their site but couldn't find a link, unless I overlooked it.

Re: NewEgg Credit ??

trumpet-205 — Wed, 07 Mar 2012 00:50:12 GMT

@Cotton_Britches wrote:
Where do you apply for credit with NewEgg? I checked their site but couldn't find a link, unless I overlooked it.

Open a regular account, then log in and click "Newegg Perferred Account".

By the way if possible build your own computer. Typically with prebuilt computer you are paying premium for support, nothing else.

Re: NewEgg Credit ??

Anonymous — Wed, 07 Mar 2012 01:00:19 GMT

ALWAYS ALWAYS build your own! Homebrewed since 1994!

Re: NewEgg Credit ??

bichonmom — Wed, 07 Mar 2012 04:32:55 GMT

Build a computer? I wish! Non-techie here, guys! The DC (or is AC?) power goodie that the AC adapter plugs into is loose and needs to be replaced. If I were a techie, I'd be able to just buy the part and replace it. Instead, when I got a quote for repair, they said that they have to take my laptop apart since the the DC power thing attaches to the motherboard, and I might as well just get a new computer.