How Many Points For...

[JamesKnox]

Fingerhut reports to CRA's?

Does practically everyone get approved?

What are typical CL's?

When do they report?

[Anonymous]

They do report.  Not all will get approved.

Some start off as an installment then graduate to revolving.  It depends on your credit profile.

From what I have seen CLs are not that large.  But it is a place to start.

[JamesKnox]

So certainly a HP on credit. YIKES. 

[JamesKnox]

Especially if I only get Installment and not revolving. 

[Anonymous]

It is a program they have to help rebuild.  I think it called the Fresh Start.

I believe you have to make a purchase and pay it off before it converts to revolving.  Something like that.

[fishbjc]

James:  Before wasting an inquiry and driving your scores lower....

Capital One Charge Off - $200 CL --- Balance is $355 (Charged off this year)  WAIT FOR THIS BALANCE TO UPDATE AS 0

Bank of America Secured - Just got this card last week. $300 CL - Plan to have report LESS than 10% bal and pay in full monthly. WAIT TO REPORT

6 Collection Accounts (2 Medical, 4 Misc) The 4 random collections total to UNDER $700  ASK THEM FOR A PFD.   Medicals are usually pretty receptive to a deletion if paid.  Call and ask them.  If someone says NO, call again.

Judgement Capital One - PAID - $1550 back in 2009  ASK TO HAVE VACATED

4 Inquires.  NO BIGGIE, BUT DO NOT APP AT THIS TIME

Have you subscribed to ScoreWatch or are you tracking with FAKO's? 

AU-It could be a good thing or a bad thing.  YMMV b/c life happens and a bill may be run up and carry a large balance. 

[JamesKnox]

Fish,

Thanks for this.

I just paid the Cap One charge-off, were you saying wait until it updates to 0 PRIOR to paying or now that you see that I have paid? 

How do I ask to have judgment vacated? Who do I contact?

Yes I have ScoreWatch. 

[JamesKnox]

And are you saying wait until all this happens before applying for FINGERHUT??

[Anonymous]

Wait until the TL updates as paid.  It will not only raise your score but be a paid debt.  Less for you to get denied over.

What state are you in?  Some states allow for a paid judgment to be vacated.

[JamesKnox]

I live in GA now....but judgement happened in Missouri.