topic Re: PLEASE HELP in Credit Cards

PLEASE HELP

Anonymous — Wed, 27 Feb 2008 22:49:47 GMT

In November 06 I finally got an Auto Loan

interest was high but i'm 8 mths from pay off, it reports as an Installment.

In August of 07 I received a secure loan from my CU for $2000.00 it to reports

as Installment,

In Dec. 07 my CU gave me a $500. CC. Reports as Revolving

Ok here is my problem, None of these report on my Equifax or Experian CR just TransUnion when I called to ask if they could report these to the other two CRA I was told NO !! My CU only deals with TransUnion and my Auto Loan place just flat told me no, go figure he cant even report monthly like he told me he would, he reports every other month.

SHOULD I TRY FOR ANOTHER CC FROM ANOTHER BANK OR CC COMPANY ? I was denied tons of cards in 2007 before I received Secure Loan and CU CC. So I do have

about 8 inquiries now for 2007.

Last I heard my Credit Score was 560 (that was from bank pulling CR )

Re: PLEASE HELP

Red1Blue — Wed, 27 Feb 2008 23:26:56 GMT

Which CU are dealing with? I thought most of the CU's report to all 3 CRA's. Try with another good CU who would be willing to report to all 3 CRA's.

Re: PLEASE HELP

Anonymous — Wed, 27 Feb 2008 23:35:38 GMT

Valley Federal Credit Union in Billings, MT. I've called all the CU around here they only report to TU they told me maybe the regular banks will report to all 3, maybe I'll have to do a secured CC so not to get hard inquiry

Re: PLEASE HELP

Red1Blue — Wed, 27 Feb 2008 23:43:47 GMT

If you apply for any credit card most likely you'll get a hard inq. There are few cards you can get with out hard inq.

Try spiegels. You can get that card with out a hard inq.

Lot of people dont like CreditOne Bank. I have card from the for last 2 1/2 years and I am happy with that card. I am sure you can get that card.

Also why dont you goto BOA site and see if they have any preapprovals for you. You can check it out with having to get a hard inq.

You can also try some of the large CU's. I am member of Digital CU / Service CU / Affinity CU. All of these 3 CU's report to all CRA's.

You have lot of options. Think things over and go for the right card.

Re: PLEASE HELP

Anonymous — Wed, 27 Feb 2008 23:57:12 GMT

should i try for the Master Card or rewards card at spiegals ?

and where do you get pre approval for BoA ? I went to site but didnt see pre approvals

Message Edited by MontanaGal on 02-27-2008 03:57 PM

Re: PLEASE HELP

Anonymous — Wed, 27 Feb 2008 23:59:46 GMT

MontanaGal wrote:

and where do you get pre approval for BoA ? I went to site but didnt see pre approvals

Here:

https://preapproved.bankofamerica.com/cc/SelfInquiry.aspx

Re: PLEASE HELP

mipema — Wed, 27 Feb 2008 23:59:58 GMT

BOA preapprovals here

https://preapproved.bankofamerica.com/cc/SelfInquiry.aspx

Re: PLEASE HELP

Anonymous — Thu, 28 Feb 2008 00:09:50 GMT

Thank you all, well just what I thought BoA turned me down except for the 300 secured, I don't have anything on my Experian or Equifax so I'm not even sure I have a score with them, when I had a Kroll Factual pulled they came up NA. Loan officer said it was probably due to nothing reporting on them except 1 medical bill for 624.00 which I disputed because t isn't mine but always comes back verified

Re: PLEASE HELP

Anonymous — Thu, 28 Feb 2008 00:37:06 GMT

creditors, if they report must do so at least every 60 days (that's in one of the codes) - your car guy is within code.

There is nothing that requires any creditor to reprot - an htey can report to 1, 2 or all 3...They have 'contracts' with the CRAs - and these are negotiated so if TU wants to control business in your state they offer a lower fee (subscription) to the creditor...

When you consider that your CU is probably much smaller than a Citibank or Chase - they probably have a higher cost per record submitted on their end and from the CA (volume discounts theory) - and can't afford to maintain subscriptions with all 3.

Message Edited by Lady_Scarlet on 02-27-2008 07:37 PM