Another credit union conversion

Mar 212011
 

Just in case anyone needs a little more evidence that (most) CUS is awesome:

 

I was approved today by my little local CU (Pacific NW FCU) for cc $ 3,500 limit (which I’ve asked) best April (9.75%), no BT fees, no cash advance fee, no annual fee. They also offer to refinance my car loan (which I refused because I have 0% APR).

 

Before this I had only a low level, high-April cards with limits ranging from $ 500 – $ 800 (except Care Credit with a $ 2,500 limit), all opened in the past 18 months. I always PIF except Care Credit, which currently has a balance of $ 400 is a 0% promotional rate.

 

I have two small collections, and paid a small collection of unpaid since 2006 still on my credit report, and a number of overdue student loan payments from 2006 to 2007 (and I mean much because every semester credit reports on a second account, so several lates have multiple accounts). The present results are FICO EQ 681, TU 689 I assume they pulled EQ, but I’m not positive.

 

I really just wanted this card so I can use it whenever I go (hard to book hotel rooms with a small restriction map), and now it seems to me to sit down and do some gardening and not longer applied in the cards until the last drop of my bad guys a few years where all new accounts are old, and I’ll be in good condition. I also want to cancel only AF-Card, Capital One before AF is estimated in December.

 

It was definitely a different process to apply online and get an instant decision (or the dreaded 7-10 days notice). I had to give references and my application for a loan to be approved by a committee. But it’s nice to know that there were real people searching for on my credit report instead of a computer, and that they were able to see and appreciate the progress I have made in recent years.

Guesstimate of Score Increase

Mar 212011
 

I want to apply for credit in May and want to get my scores as high as possible.  TU is 693 and EQ is 663, both reporting identical information.  I know that my CC util is hurting my score.  Both cards are at 50% util.  Can anybody take a stab at how many points my scores can go up by mid May, due to paying off the balances today and getting my util to 0-1%?

Credit mortgage
bywoodleywonderworks

i need a mortgage and have little money down. monthly income is around $ 5500 and really no other bills. however, i have a bankruptcy that is just over a year old. my credit scores are 630, 624 and 600….does anyone have any suggestons where i could find a mortgage company that will finance me with the mortgage meltdown as it is now?

Gander Mtn. Approved.

Mar 212011
 

Was there today making a big purchase and am always a sucker for a discount so I went for it. Instantly approved for 1500. Its thru WFNNB I already have a couple cards thru them. Dont know who they pulled yet but they have pulled experian for me in the past.

Credit
byAmbernectar 13
Credit
by eikootje

Potential problems joining NFCU? Opinions?

Mar 212011
 

I am curious if NFCU does a hard pull just for opening a checking/savings account?  If so, here is my current situation:

  1. Currently Deployed
  2. Active Duty Alert on all 3 CRA (No contact number listed on alert)
  3. No current phone number (unless NFCU can call DSN :) )

So… will they pull for membership or does applying online go smoothly?  Also, if they do pull for membership, can you use the same pull for other products? Thanks!

Credit mortgage
byCayusa

Hello,
Im trying to plan for a mortgage. If we had about 50k saved up and we wanted a 300k mortgage what credit scores would we need to get approved.
Lets say these are the circumstances:
husband has had a steady job for 2 yrs
Wife has been consistently working but not at the same company
income range is 70-80k a year

Thanks!

[wpramazon asin="B0043T4IAW"]

Credit?

Mar 212011
 

just curious …………. all credit cards, store cards to circumvent the hard inqs a good score? anyone had success reconing card is rejected the only reason inqs? Share your story !!!!!!: smileywink:

I am so sad right now…

Jan 162011
 

There is absolutely nothing I can do to boost my FICO score :(   I am being dinged for Length of History / AAoA.  Below is my profile:

  • 3.3yrs Oldest Account
  • 1.8yrs AAoA, which is rounded down to 1.  ( Will be 1.7 once new Amex reports )
  • Overall utilization 2%
  • Highest Individuel Utilization 6%
  • 3 Account reporting a balance ( have a total of 13 accounts )
  • Mix of credit is good ( 1 mortgage open, 1 auto loan open, credit and store cards open )
  • 1 Inquiry reporting on Equifax in last 12 months
  • 0 Inquiry reporting on Tranunion in last 12 months

All I can do is let everything age… Anyone want to add me as an AU on their Amex that was opened in 1990? :smileyvery-happy:

Credit mortgage
bydbking

I have a home worth $ 150,000.00 and only owe $ 40,000.00. I am through Beneficial at a 12% fixed interest rate. I have a good professional job and good income but I want to refinance with $ 15,000.00 out so I can pay off all bills and do some home improvements. My credit score is low due to problems well in the past. Can anyone help me in this situation?

“Major gauges tumble on credit and mortgage market fears; Dow, Nasdaq, S&P 500 all down 10 percent off highs – reaching market correction levels.”

This was the headline on CNN.com today, and as a person who just bought a house 2 days ago, I would really like to understand what the experts think is happening. How are the two inter-connected, and what it the anticipated outcome of this ‘credit crisis?’

How does it affect me as a homeowner and as an investor?

HELP! Attention all those brains!

Jan 012011
 

Oh, it’s doozy!

Ok, I’m Perfect Equifax, $ 14.95/mo pay for it. It’s been two months – really liked it.

Then in November decides the old man, he will get it to fit me. Well, when he presents his info, it is said that he already has an account and login to complete the purchase – it will bring him to my login info. He will do it again, thinks he made a mistake somewhere – it will bring him to me to login again, he said, need to log data file. So he’s doing, thinking, ok, we have the same address and last name, maybe they do not repeat monitoring of the product in the same account.

Big error pops up and says he can not log in and contact our customer service. When he tells me, I try to log into my account and it said I can not access my account and contact customer service.

3 times I called them, and every time they tell me there is no account, no files in my name, social security #, email address, or even a confirmation # from receipt of the Service. But I still get charged. I can not cancel it – which is what I want to do, because they say I’m not there, but they can keep charging me, but shows no record of them charging me.

What should I do? I’ve got a long mail sitting in my draft box, ready to shoot them demanding that they cancel the service and not charge me, and I support this month’s payment because I have not been able to access my account since November.

Anyone? Please! I need to know what I can do, say, or heck, even threatening to have them repaired.

Thanks!

mortgage

I was wondering if you give credit to mortgage payments to save the economy more effective than support from financial institutions. This may prevent foreclosures and grades, and also put more income into the pockets of people who do not take on risky mortgages, which increases the economic recovery.
sometimes call me and offer loans. they can offer home loans?

Debt Free (Hells) Angels

Jan 012011
 

debtfreeangels  [Edited to remove link]

 

So many lies I found it funny until I relized that there would be some people who would believe them.

 

Please don’t fall for this scam.

 

Marty56, thanks for alerting people to these kinds of outrageous so-called "credit repair" and "debt settlement" scams! Heaven knows that tons of people fall for these types of "services" that empty their pockets, ruin their credit, and all too often get them sued. I did, however, remove the link, because it’s a violation of the myFICO TOS & Credit Repair Guidelines. Thanks for understanding. ~LilMirth, myFICO Moderator

Credit mortgage
bywoodleywonderworks

I have a bank endorsed credit card for Bank of America. What happens if they go bankrupt? Do I still have to pay back the money that I owe on that credit card? What about people who have a mortgage through a bank? Do they have to continue to pay it even if the bank has gone under?

Chain of Blame: How Wall Street Caused the Mortgage and Credit Crisis

An updated and revised look at the truth behind America’s housing and mortgage bubbles In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust-and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment bankers and home loan institutions traditionally perceived as completely trustworthy. Chain of Blame chronicles this incredible disaster, w

List Price: $ 27.95

Price:

Nice Job Credit Karma … Loll

Jan 012011
 

It’s very interesting summary … though …

 

Your TransRisk Score

 

775

Credit Rating: Excellent

Last updated: Jan 01, 2011

 

Credit Report Card

Credit reports are long and data rich, so they can be difficult to understand and digest. We created the Credit Report Card to be a simple, straightforward snapshot of your credit report. The information on the Credit Report Card is created from the data in your most recent credit score request on Credit Karma. Our goal is to help users identify areas they need to improve by providing comparative metrics against other members.

 

Summary

You have a very low credit score, which will make it difficult for you to qualify for any new credit or loan offers.

Begin working to improve your credit now by paying your bills on time, reducing your debts, and using credit responsibly. At your range, good credit behavior could improve your score in a matter of months.

Credit mortgage
byTheTruthAbout

I have heard all kinds of timelines and numbers of times you can have your credit pulled before it starts to hurt your fico. If you would like to shop your mortgage to different lenders before choosing who to go with, how many times can you have your credit pulled ( only by mortgage companies) and not have it hurt your credit?

New Year == New FICO Scorecard

Jan 012011
 

I’m pulling daily through 6 different sites.. mostly for B* but I’m also in the middle of buying a house right now as well.

 

This morning I did my dailies and on TU and EQ, both scores changed in FAKO and on TU it changed on FICO as well.   Nothing new compared to Dec 31 2010.   All my account balances are zero and have one baddie… a 120-day late from 6yrs ago that drops off in Dec 2011.

 

So on TU bumped up FAKO from 764 to 770.   EQ FAKO recovered from 792 to 801.

 

TU FICO changed from 757 to 767.   EQ FICO dropped from 770 to 767.   Yes, both scores went up and down 10 points and now match on FICO.

 

 

 

 

My best guess on this right now is a scorecard shift.    My age used to look better last year (16 years) but I had a dead account drop.   On Dec 31 TrueCredit said my age is 10 years 11 months, and today I am back to 11 years.

 

What a difference a single day makes!

Credit mortgage
byalancleaver_2000

We have a mortgage through our local credit union. The challenge is, both my husband and I are unemployed, and there are few jobs in our small town. The mortgage company said if we were to sell and move, they would transfer our mortgage, but if we were to pay off our mortgage, there would be high penalties as they would lose out on interest. My question is, if we moved to another city or province (my family lives in Ontario, we are in BC) could our mortgage transfer over without penalty? or would we have to switch institutions and pay the penalty to our credit union?

Credit mortgage
by TheTruthAbout
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