Apping Online

[Anonymous]

I was just wondering is it better to do online applications or over the phone apps? Does it make a difference especially if your denied to be able to ask for reconsideration right then? I'm im the rebuilding process with a great income for where I live but could really use a real credit card to get by some day to day stuff. Currently have only rebuilding products on my credit besides a JCP AU account with 4.6k limit. I only have 1 baddie left on EQ from an apartment collection and student loan 120 day late payment on all 3 other than that all of my other accounts are all in good standing, no late payments all opened in or around aug 2018. Will it be another year before I can actually get approved for a real card or account?

Current Fico Score 8 from MyFico > EQ621, TU 657, EX 607

[Anonymous]

If you get rid of the collection and rehab and remove the 120 it will be quicker but, you're probably able to pickup 1 or 2 CC's right now.  They won't be high end but, they'll be yours in your name and collecting Fico points on them.

If you list out what you have right now (excluding the AU accounts) maybe we can point you towards something.

[Anonymous]

currently have the items below:

Gathered from my experian report (18 Inquiries) 0 Collections

Visa Greendot Secured - $350

Revolving Creditbuiler Accounts - All opened Aug 2018

Hutton Chase - $5k Limit 0 Balance

MJC - 5k Limit $58 Balance

Installments

Subprime Auto Loan $8294 Balance 0 late payments

Personal Loan $500 - $330 balance(opened March 2019) 

Furniture Store - $4774 Balance

Equifax Report : 1 Collection Account (2 Inquiries)

Mortgage 0 $0 N/A N/A N/A $0 0 Installment 3 $9,075 $731 $9,806 93% $449 3 Revolving 6 $549 $19,551 $20,100 3% $155 4 Other 0 $0 N/A N/A N/A $0 0 Total 9 $9,624 $20,282 $29,906 32% $604 7

Transunion: No lates (16 Inquiries)

Same Auto as above: 8294 Balance 25.15% APR

Revolving Credit Builders

NATIONWDE AC Credit Card 5%

.

Balance $90 Limit $2,000

MAJR FINANCL Credit Card 0%

.

Balance $0 Limit $5,000

CARMELFIN Credit Card 0%

.

Balance $0 Limit $5,00

 Hope  this helps anyone who can give me some guidance. 

[CreditInspired]

Hi and welcome to MyFICO

Applying online is really no different from applying over the phone. The CSR is just entering the same info into the form that you would be entering.

Your scores are on the low side and the negatives on your report have to be dealt with. How long ago was the 120-day late and apt. collection?

Also, please provide all your DPs: AAOA, UT, Name and CLs on all cards so we can provide additional help.

[Anonymous]

Applying online is really no different from applying over the phone. The CSR is just entering the same info into the form that you would be entering. 

Your scores are on the low side and the negatives on your report have to be dealt with. How long ago was the 120-day late and apt. collection?

late (June 2019) 

Apt Collection (2016)

Also, please provide all your DPs: AAOA, UT, Name and CLs on all cards so we can provide additional help.

Length of Credit History: 11 Years, 7 Months 
Average Account Age: 1 Years, 10 Months 

UT 3% DTC 32%

let me know if i can provide any further details. 

[CreditInspired]

---

@Anonymous wrote:

Applying online is really no different from applying over the phone. The CSR is just entering the same info into the form that you would be entering. 

Your scores are on the low side and the negatives on your report have to be dealt with. How long ago was the 120-day late and apt. collection?

late (June 2019) 

Apt Collection (2016)

Also, please provide all your DPs: AAOA, UT, Name and CLs on all cards so we can provide additional help.

Length of Credit History: 11 Years, 7 Months 
Average Account Age: 1 Years, 10 Months 

UT 3% DTC 32%

let me know if i can provide any further details. 

---

Oh that 120-day late in June is really a problem--too recent. Also, have you tried to negotiate with landlord on the collection. Maybe they will do a PFD.

[Anonymous]

the problem with the Apt Collection is that it is due to Fraud, it has been removed from the other 2 bureaus but not Equifax. How do I rehab the Late Pays that was mentioned in reply?

[Remedios]

---

@Anonymous wrote:

the problem with the Apt Collection is that it is due to Fraud, it has been removed from the other 2 bureaus but not Equifax. How do I rehab the Late Pays that was mentioned in reply?

---

Hi and welcome to the forums

For your student loan questions, this is probably the best place to ask    https://ficoforums.myfico.com/t5/Student-Loans/bd-p/studentloans

Good luck! 

[CreditInspired]

---

@Anonymous wrote:

the problem with the Apt Collection is that it is due to Fraud, it has been removed from the other 2 bureaus but not Equifax. How do I rehab the Late Pays that was mentioned in reply?

---

Did you file a police report? As long as a negative is on any CR, it's bad.

What do you mean by rehab?

[Anonymous]

yes, there is a police report filed. Previous poster mentioned something about rehabbing, I was just wondering what that meant?