Fingerhut question

[vicky3vicky]

Does anyone know if my Fingerhut account is considered part of 5/24? I so hope not!

[Remedios]

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@vicky3vicky wrote:

Does anyone know if myFingerhutt account is considered part of 5/24? I so hope not!

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Okay, so it goes something like this ...

Fingerhut Fresh Start (initial purchase) reports as installment account till paid off. 

They consider payoff as "graduation",  so after that it starts reporting as revolving account. 

In a nutshell, at first it's not a part of 5/24, but once converted, it counts towards 5/24. 

[vicky3vicky]

Mine was never part of a 'fresh start" program. I just applied and received $500 limit. So, I guess it has been counting as a credit card from day one. Not the news I wanted to hear, but thank you.