Questions tagged [credit-history]
for questions related to credit worthiness history, related tags credit-score, credit-rating and credit-report
260
questions
0
votes
1
answer
102
views
Understanding credit-score fluctuations [closed]
Recently an old credit account that I've had sitting idle was closed due to inactivity. I get credit-score updates from the issuer (who still maintains the credit account that I actually use), and ...
- 389
2
votes
4
answers
266
views
No credit history. How to improve rating?
My partner and I are hoping to get a mortgage and buy a house in the next few years. A potential problem is that I have essentially no credit history and thus I have a low credit rating. (My partner ...
- 23
-1
votes
1
answer
912
views
How to transfer credit history to another bank?
I am planing to make first credit card (BOA secured credit card).
Also, I want get UA explorer card later (I understand it is need high credit score).
I am trying to build credit history by this BOA ...
- 1
1
vote
3
answers
123
views
Credit after a car loan
I just passed year two of my car loan and I'm planning to use my tax refund to pay it down. This will most likely shorten the loan a year.
I'm thinking about how I can keep my credit score and such ...
- 137
4
votes
2
answers
254
views
Student loans and credit score
A friend of mine hasn't been paying his student loans off in years now and obviously his credit has suffered. This friend is convinced that if he waits out 7 years of the loan it is taken off his ...
- 137
1
vote
0
answers
52
views
Regarding leasing removal
I am living in shared accommodation. I am a student and not working yet so I don't have a SSN. But due to some reason I want to move out from apartment and my name is also on the lease, so I need all ...
- 111
25
votes
6
answers
7k
views
Should I, as a young person, get a credit card with "bad" conditions?
I'm a twenty year old in Russia, not enrolled in education, working full-time officially for a software development company. I'm earning a taxed steady income that can be considered decent, yet when I ...
- 369
3
votes
3
answers
254
views
When / how is credit card interest charged? [duplicate]
I'm currently a student in college in the United States. I have a scholarship, and I work, so I'm in the fortunate position of earning more money than I'm spending. I have a credit card, but pretty ...
1
vote
0
answers
70
views
Does business credit score transfer over when you incorporate from a sole proprietorship?
I have a newly registered sole-proprietorship in Canada that I am trying to build credit for. If later down the line I decide to incorporate my business, will the business credit score from my sole-...
- 133
2
votes
2
answers
2k
views
Authorized user on Lowe’s credit card (only credit history besides phone bill) how will this affect me when applying for an auto loan?
I’m 18 with a credit score of ~719. My grandfather added me on his Lowe’s credit card ($8,000 limit). He’s had this credit card for over two years and it shows up on my credit report as if I’ve had it ...
- 21
1
vote
1
answer
122
views
Affect of Credit card Utilization rate on Credit scores (for Balance Transfer)
Scenario 1:
Two Credit cards have 50% utilization rate each
Interest savings are moderate
Convenience factor - medium
Scenario 2:
One card has 90% utilization rate.
Interest savings are higher as ...
- 582
1
vote
1
answer
129
views
Does opening credit cards at different banks impact credit score?
I have been building credit with a card for about 6 years while I went through school. My credit score is decent so I'm looking into opening another card to take advantage of cash back deals and ...
- 113
0
votes
3
answers
197
views
Best way to build a credit history for a graduate student in the US
I'm a first year graduate student in the US, and I'm considering several options to start building credit history.
1) Apply for a local credit union secured credit card (without annual fee)
2) Apply ...
user88299
2
votes
4
answers
556
views
How to build up credit fast?
I live in the United States, am around 22 years of age, and recently graduated college with around $12,000 in student loans. I have had a full time job for around 4 months that pays around $55,000 a ...
- 123
1
vote
2
answers
288
views
Credit Report debt expiration limit: original creditor vs. Collection
I am confused about how the statute of limitations with regards to debt applies to what is reported on an actual credit report from the 3 credit reporting agencies in the United States. Researching ...
- 11
2
votes
3
answers
431
views
Is it ok to have multiple life time free credit cards?
I am currently having two life time free credit cards. These cards do not charge any annual fees. And another bank is offering me such credit card. I was thinking if I should go for it as
its rare ...
- 173
7
votes
2
answers
12k
views
Credit freeze in UK
I've read a lot that in US people can protect themselves from identity theft by applying credit freeze on their credit history, is there similar option in UK?
- 173
1
vote
2
answers
277
views
What is the potential downside to freezing additional credit reporting agencies?
I have had a credit freeze on the big 3 credit reporting agencies for many years, and now I'm hearing about a 4th, Innovis (since the latest Equifax breach).
Is there a down-side to freezing Innovis ...
- 489
9
votes
1
answer
175
views
Credit freeze and affect on perception as credit risk
In light of the Equifax hack I keep reading that people should apply a credit freeze on themselves at the 3 main bureaus. However, someone told me that their mortgage consultant said that placing a ...
- 93
6
votes
1
answer
133
views
Do lenders have a practical obligation for prompt/accurate credit reporting?
Joe had a high-balance loan from Acme Bank and paid it off. Acme reported to the credit bureaus about every 30 days during the loan, up until the day after the scheduled payoff. On that last day, ...
- 2,905
3
votes
1
answer
142
views
In the US, does getting a loan with a cosigner, help your credit rating?
Say person A has plenty of money and income but is new to the US (or for whatever reason) has a near non-existent credit history.
Person A has the idea of getting a car loan to help build the credit ...
- 13.8k
1
vote
1
answer
81
views
Credit card accounts and credit score [duplicate]
I m relatively a new resident in the US. I opened an account with BofA (oct/2016) and after struggles they approved me for their student secured credit card account (700$). After 4 months I applied ...
- 145
3
votes
1
answer
811
views
Pay or not pay charged-off accounts for mortgage qualification
Several years ago, due to unforeseen circumstances, payments were not made to any credit account and therefore, the accounts are now charged-off, thus ruining the credit score.
Its about time that ...
- 191
12
votes
2
answers
1k
views
How do I prevent my ex from making bank and credit card accounts using my son's SSN?
As you may see from the history of my questions, my ex-wife is a financial disaster. Forever out of money, forever on the edge of crisis, forever not wanting to hold down a normal 9-5 job. But show ...
- 3,817
21
votes
4
answers
8k
views
How to recover from credit score hit from paying off loan?
My credit score recently took a dip after I paid off my student loans recently.
When I look at the credit report via mint it shows a "not bad" rating for number of accounts opened. ("not bad" is the ...
- 660
1
vote
1
answer
3k
views
Credit report in Italy
I am Italian, looking to move back to Italy.
I'd like to know if Italy has some sort of credit-score or credit history and this is actually checked on mortgage application?
Is credit score report ...
- 139
27
votes
4
answers
6k
views
$7300 medical billing error reported to credit agencies
I opened up a Credit Karma account and noticed a collection in the amount of $7368. It was originated from Eisenhower Medical center. So I called Eisenhower to inquire and after 45 minutes on the ...
- 271
0
votes
1
answer
222
views
Credit History and Outstanding Debts in Hungary [closed]
I would like to check the credit history and any outstanding debt (if any) of a person in Hungary. Is there any service that I could contact?
I would like to assess if he or she has a good reputation ...
- 155
21
votes
5
answers
5k
views
Confused: Should I be opening more no annual fee credit cards to improve my score with the intention to not use them?
I was told that having more cards and more open accounts was more of a risk factor since you have more credit to abuse. However, this seems to say otherwise that credit trackers actually encourage you ...
- 1,199
7
votes
3
answers
1k
views
Do I not have a credit score?
Today I tried to access my credit report for the first time from the three major agencies using annualcreditreport.com.
When accessed through Experian, it gave me a generic error that my report wasn'...
- 173