topic Newbie Questions in General Credit Topics

Newbie Questions

Anonymous — Sat, 16 Jun 2007 19:33:07 GMT

Like many people on here I just started repairing my credit and would consider myself a newbie. They have some great info. on here and I hope I could have success stories like many others. While in the process of sending PFD and GW letters, along with the disputes I'm doing, I would like to monitor my scores. Is there any system like scorewatch that monitors all 3 scores, of course that is legit? I have the Suze but, that wasn't what I thought it would be. Another question I have. I have one CC open right now and it is with HSBC. It has been open for about 2 yrs without a late payment and such. I would like to open another one could anyone give me advice to a good card. Here are my FICO's:

TU- 630

EXP-633

EQ- 581

I have like 13 inq. in the last 2 yrs so I would like something that would be pretty sure on the 1st try.

Your help is greatly appreciated.

Re: Newbie Questions

Anonymous — Sat, 16 Jun 2007 20:03:33 GMT

HSBC should give you another card. (up to 2 total with HSBC)
I got a 2nd one from them a few months ago with 0% BT til March 08.

householdbank.com

Many of use use TC (True Credit) to keep an eye on everything from all 3 CRA's but ignore the FAKO scores and their "advice" is not that accurate.

Re: Newbie Questions

fused — Sat, 16 Jun 2007 20:37:05 GMT

cody wrote:
Like many people on here I just started repairing my credit and would consider myself a newbie. They have some great info. on here and I hope I could have success stories like many others. While in the process of sending PFD and GW letters, along with the disputes I'm doing, I would like to monitor my scores. Is there any system like scorewatch that monitors all 3 scores, of course that is legit? I have the Suze but, that wasn't what I thought it would be. Another question I have. I have one CC open right now and it is with HSBC. It has been open for about 2 yrs without a late payment and such. I would like to open another one could anyone give me advice to a good card. Here are my FICO's:
TU- 630
EXP-633
EQ- 581

I have like 13 inq. in the last 2 yrs so I would like something that would be pretty sure on the 1st try.
Your help is greatly appreciated.

Hi and welcome here! I would recommend you sign-up with TC (Truecredit). You can pull daily, refreshing all 3 reports. Just remember these are meaningless FAKO scores. Unfortunately, myfico only has monitoring with you EQ report and not the other two. I would not apply until you get some solid results with your GW and PFD letters and the derogs are removed from your crs. But if you insist try a Hooters card or possibly a WAMU card. It has been reported by others at this forum they have been approved with similar scores.

Message Edited by fused111 on 06-16-2007 10:37 AM

Re: Newbie Questions

fused — Sat, 16 Jun 2007 21:08:46 GMT

Oh, you might want to read this thread, credit 101 courtesy of Tuscani.

http://ficoforums.myfico.com/fico/board/message?board.id=ficoscoring&thread.id=2654