Store Card???

[Anonymous]

Just wondering if anyone may know a store card that i could be able to get with my current scores. I really think a store card would help "my mix"

[Anonymous]

Maybe Macy's, but I would definitely suggest getting a secured card and holding onto it for a while before you go on an App spree.

I got a Macy's card when my scores were mid to high 500's, but the Credit Line started out at $200.  The nice thing though is that it is up to $1,500 now and I just learned from our friends on this board that if you call every 3 months and ask for a CLI, you usually get it, so my CL has finally been moving.

[Anonymous]

What current cards do you have in your "mix?"  What is in your CR that has your scores where they are?

[Anonymous]

I already have the BofA secured card. Thanks for the info

[Anonymous]

I have a Charge off with Chase that should be getting deleted (the agreed in writing to a PFD) and then the rest of the neg stuff is Medical bills. I am starting the HIPAA process on them but this will take time since I am only 20 and dont have outstanding income. My age is prolly a good factor because of AAoA.

[Anonymous]

A better mix than a store card would be an installment loan.

Put $500 in savings with a Credit Union.  Take out a secured personal loan against it.  Pay it off in 6 to 12 months.  Then leave the savings there.  Then apply for a real cc through the CU.

While a second card may be of some help, having a mix really means revolving, installment, mortgage, etc.  Not so much having lots of revolving.

However, jewelry stores are sometimes easier "store cards" to get, I have heard.

[Anonymous]

I have a Installment loan on my car but it only reports to TU. My CU also has a "credit builder loan" where they deposit $1500 into your savings account and lock it there until it has been paid off (just in case that didn't make since it is pretty much a loan you have to pay off before you have accesses to the money = Forced savings) It also only reports to TU. I don't want my TU score to skyrocket while my others are left lingering.

[Anonymous]

The loan is a possible option, but you may want to look around to find one that reports to the other two as well.  A quick call can answer that for you.

[Anonymous]

I have seen a lot of post about alliant CU. Is this available to me? I am in KY.

[Anonymous]

On their online application it only states that you must be 18 and a US citizen or resident alien....so I would think so.  You will find out soon enough during the application process.