Just thought I'd pick up some more information...but had anyone used Upgrade and in particular their offer for a PLOC via a Visa card they issue?
I was thinking that the card would still show as a credit account and not necessarily a CFA like Wayfair or other shop at home store cards?
Just thought I'd pick up some more information...but had anyone used Upstart and in particular their offer for a PLOC via a Visa card they issue?
I was thinking that the card wiykd still show as a credit acciu t and not necessarily a CFA like a Wayfair or other shop at home store card?
You don't have to worry about revolving accounts beings CFAs.
I do have this PLOC Visa Card and got approved for $10k. It reports as a revolving line but I think the CRA's mess it up on my reports. It shows different on all three. I took a small draw of $250 just to test out how it would report monthly.
On Experian it shows Line of Credit and $252 reported balance and maxed out. It does not show I have a $10,000 limit which is an error on Experians side I need to call them on this.
On Equifax it shows up as revolving and I'm using $252 out of $10,000.
On Transunion it shows PLOC with $252 loan out of $10,000 limit available.
So it does show up weird I don't think I will use it anymore jus5 to be safe and maybe use it for an extreme emergency if the need is ever there. I think I will make a tiny draw of ma6be $100 every 6 months just to keep it open and active.