Credit Card Options

[impala454]

well the main thing people need to keep in mind is that your credit score is just a start, it's not the end all be all. your goals are to get good interest rates on your big ticket items. while your credit score definitely matters, it's your full report that matters most, showing your history over the past seven years. from all the loan dealings i've had, i'd have to say the single #1 most important factor in getting a good interest rate is making payments and making them on time. the only way to build that up is to make payments on something. when you go buy your $150k house they need to see some history that shows you can pay a $1500/mo house note. if all you've done up to that point is buy $50 worth of clothes once every couple months, you don't demonstrate any reliable history, and you'll get shafted on your loan.

[jwttu]

it'll be hard to get a loan with a good rate anyways without spotless credit for at least for the next 6 months or so. This subprime fallout has really made lenders jittery.

[dauss]

well, this is totally messed up. When I signed my lease for the apartment they to run a credit check to determine the amount of the deposit. Lower the score, higher then deposit. So I asked the lady because she saw it. I can't remember the exact number, but it was 800+.

So, here's the one that TransUnion says:


Then this is the one that Experian says:

Granted I have significantly less credit that you guys, but I don't have a house or a car that can be ganked when you don't make the payments.


So how do I cancel this experian bullshit?

[impala454]

it'll be hard to get a loan with a good rate anyways without spotless credit for at least for the next 6 months or so. This subprime fallout has really made lenders jittery.

yeah but if you're in the market for a house it's a great time to buy. it's a big time buyer's market right now.

[impala454]

and dauss that's freakin weird... 840? i'm curious to try the transunion one now too. might have to try that later

[JRockTTU]

I fucking gave up on this thread when Impala started talking.

Step 1) find a card on the internet that gives you points for an airline you like to fly (southwest has their own card, but one of the AmEx rewards cards will convert their points to SW miles).

Step 2) apply for said card. The thing that I think was lost in this thread was that you said you have good credit and you're not worried about that. I don't know why this turned into a "how to increase your credit score" thread.

Step 3) put all your bills/groceries/incidentals/gas on this card and pay it in full each month. It's hard if you don't have self control and a good idea of your monthly cash flows, but we're all grown ups here.


Just make sure you pay it in full and you won't have to worry about an interest rate. Rewards cards don't always have crappy interest rates. I opened one about 6 months ago that gives me 3% back toward the mortgage on my house and it has a 12.24% rate. Of course I pay it in full every month so that doesn't matter.

Oh yeah, and after looking at the post above mine: If you need a free credit report then use www.annualcreditreport.com. It is the free yearly reporting that is set up by the credit bureaus and you don't get any subscription bullshit from it and they don't bug you at all. It's the legit one.

[impala454]

I fucking gave up on this thread when Impala started talking.

apparently not

[Epic]

my transunion is 756. lets see if i can't get that up in the next 9 months

[JRockTTU]

apparently not

I meant I quit reading it, dumbass. These threads get too diluted with your "I'm always right and you're always wrong" posts, so I don't even bother reading them anymore.

Just because you think you're right all the time, and say you're right all the time, doesn't mean you're right all the time.

[impala454]

I meant I quit reading it,

apparently not

[JRockTTU]

apparently not

Stop being a fag.

[schwab]

i signed up for an american airlines one today....i needed more airline points

[impala454]

Stop being a fag.

heheh still readin it eh

[cmac]

so i have a credit card i got from wells fargo a while back that's for overdraft protection. having no plans on using it i cut it up but it is still active.
should i just cancel it, or is it doing something for me just sitting there?

[impala454]

if you're never gonna use it, yeah cancel it.