I have searched the forums for an answer to this, but must not be putting in the keywords to retrieve the information. Finally decided to ask the question.
I am in the business of reparing my credit and would like to obtain just one good credit card. Am have been practicing patience, but it seems to be turning into impatience. I purchased the report from all 3 credit bureaus from myFICO and will purchase another, but I would like to know what the best date or timeframe of the month is to make the purchase. Hoping to get some responses and TIA.
If I was going to spend money to purchase reports & scores I would do so after my last TL updates for the month.
Thank you. I believe TL stands for tradeline, but would you mind explaining exactly what the term "tradeline" encompasses, please.
@IncrsCreditScore wrote:Thank you. I believe TL stands for tradeline, but would you mind explaining exactly what the term "tradeline" encompasses, please.
a tradeline is a creditor that reports to your CRs usually refers to OCs and CAs and not PRs...
Discover IT $17k / US Bank Ace (VSig) $13.5K / US Bank Cash+ (VSig) $13.5k
@gdale6 wrote:
@IncrsCreditScore wrote:Thank you. I believe TL stands for tradeline, but would you mind explaining exactly what the term "tradeline" encompasses, please.
a tradeline is a creditor that reports to your CRs usually refers to OCs and CAs and not PRs...
Thank you.
@coldnmn wrote:This may help you.
http://ficoforums.myfico.com/t5/User-Guidelines-General/Common-Abbreviations/m-p/88458
Thank you. This will be very helpful.