topic Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio in Rebuilding Your Credit

Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestions)

Anonymous — Tue, 26 Jan 2016 04:59:52 GMT

I have been approved for finger hut freshstart;

I was wondering if you guys could list other ones you've used to help build credit before and what you think of them? Preferrably those who offer to individuals starting out with no credit and those that wont do a hard pull on your credit report.

Thanks so much guys for helping me as much as you have on my journey

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

takeshi74 — Tue, 26 Jan 2016 12:54:33 GMT

You can't completely avoid hard pulls. Don't overlook secured cards.

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Tue, 26 Jan 2016 20:35:12 GMT

They you for your comment. I now have Capital One secured and Discover It secured waiting till I have a fair credit score before I try anything else

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 02:49:54 GMT

@Anonymous wrote:
They you for your comment. I now have Capital One secured and Discover It secured waiting till I have a fair credit score before I try anything else

What are your scores?

Stop being afraid of inquiries.

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 03:08:16 GMT

Keep it up, I started with finger hut, paid on time every month and in a few months I got a pre quil for Merrick. That was a year ago and now I am in the high 600s and have multiple 5000 limits. Charge something small and don't get carried away as they are expensive. Best to pif every month if possible. Stay away from the likes of credit one, first premier and continental finance (surge, verve). One catalog account is enough, otherwise there is Ginny's and Seventh Avenue. If, after six months of payment history you could try for a store card, Wal-Mart sent me a prequal around the time Merrick did.

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 03:39:33 GMT

Thanks you guys I will; I got the freshstart I was planning on buying something for 50$ paying the 30$ down payment only oweing 20$ and paying the 20$ off after the first statment cuts would that work? My scores are non exsistant at this point I've just turned 18 and I am starting from the 0 you begin with when youve had no open accounts ever. So at this point I think secured or catalog cards are the only things I can get sadly.

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 04:46:15 GMT

Don't pay it off all at once. Make at least 6 payments. Each payment counts as a monthly payment even if you make one every week. And try the Capitol One rebuilder card or secured card. And be prepared to wait 6 months for a score if you have nothing on your reports

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 04:58:12 GMT

Awesome thanks! So I can make 6 payments over 6 weeks instead of waiting to pay it off over 6 months? That would be awesome

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 05:45:17 GMT

Fingerhut charges a lot of interest so I would pif if u can. U can make weekly payments if u chose. As long as u r paying the minimum each month. Even if u pay off the balance the account will report to the credit bureaus monthly as a positive account. Let the account age for six months and reevaluate. Try capital one preapproval for offers.

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 06:04:47 GMT

Hey! I remember when I was rebuilding and they pre qualified me for $300. Bought something for like $50 and paid it in full by the second month and they gave me a credit limit increase to $900. Never bought anything afterwards and it's now at $1700. They deff helped in my rebuild but don't have a purpose for it now. Everything they sell is overpriced. It's great for overall utilization.

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 08:22:35 GMT

@Anonymous wrote:
Thanks you guys I will; I got the freshstart I was planning on buying something for 50$ paying the 30$ down payment only oweing 20$ and paying the 20$ off after the first statment cuts would that work? My scores are non exsistant at this point I've just turned 18 and I am starting from the 0 you begin with when youve had no open accounts ever. So at this point I think secured or catalog cards are the only things I can get sadly.

Depdepdep11,

Good for you taking these positive steps at your age when so many don't (or didn't). Your credit is one of the most important things you have to treat well or screw up so stay on track and stay here learning even better practices as you watch it grow.

I'm quite a bit older and screwed mine up in the crash of '08 and thankfully most of that stuff has or will fall off soon but it is a horrible feeling to know that your credit sucks so do your best with it and treat it with care.

I got the Overstock.com credit with a SP approval and an HP once I filled out the full app.You will ultimately have the HP's when you fully apply for any credit and at this point takeshi74 is right, DON'T WORRY ABOUT THEM! They can't drag you down any farther than no score but don't go app crazy either. Keep doing your research here and app wisely only choosing the ones you are likely to get. Also consider your income and what you can afford. With most accts requiring some sort of flow on a regular basis it's all too easy to get caught up in hitting the "BUY" button when you think "I can just put this on the acct and pay a little at a time". I've seen your posts before so I'm sure you are aware of how much your UTI impacts your score mnth to mnth so be careful.

Here is the Link to a post I put up yesterday morning explaining my brief history with them.

http://ficoforums.myfico.com/t5/Credit-Card-Approvals/Comenity-Overstock-CLI/m-p/4429276

Welcome to the grown up world!!!

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 20:12:44 GMT

@Anonymous wrote:
Thanks you guys I will; I got the freshstart I was planning on buying something for 50$ paying the 30$ down payment only oweing 20$ and paying the 20$ off after the first statment cuts would that work? My scores are non exsistant at this point I've just turned 18 and I am starting from the 0 you begin with when youve had no open accounts ever. So at this point I think secured or catalog cards are the only things I can get sadly.

Is there a local credit union in the area you may qualify for? They will often issue secured credit cards. SDFCU would be nother good option for a secured card. "Real" credit cards are much better than store cards or catalog cards for building.

You would also be well advised to get a small secured loan, along with a couple of credit cards.

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Wed, 27 Jan 2016 23:30:37 GMT

Thanks everyone for your help and advice; I absolutely love the community here everyone is so freindly and helpful! I have applied for SDFCU and Justice Federal Credit Union; I am waiting to see if they will approve me or decline me; Im hoping I get to join them since I paid the 15$ for the lifeitme memebership to the ACC and 20$ to join the NSA. I so far have this fingerhut freshstart and Discover It secured along with Cap1 secured

Re: Catalog Credit Accounts Such as Fingerhut (For building credit without hard pulls) Any suggestio

Anonymous — Thu, 28 Jan 2016 11:44:08 GMT

I graduated the fresh start a couple of weeks ago, opened in November. Just updated my Experian report and the new regular Fingerhut is reporting as opened 1/1. Only 200 right now but it's a start. The fresh start is closed but will report for 10 years.