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How do you get credit when report says you have no credit and never used credit?
Wiki User
∙ 16y ago
You have to establish credit either via secure credit card or secure loan. Here is a excert from Phil Turner's Credit Bible: This is how the secured credit card program works. Applicants will open a savings account and deposit $250 to $500 with the bank that is issuing the credit card. The amount that is deposited will be slightly less or equal to the line of credit you will receive on the credit card and you can increase your limit as you wish, usually not exceeding $2,500. The funds you deposit are receiving interest and are usually frozen up to Twelve (12) months with some banks. If you make regular timely payments for 6 to 12 months, your money will be released with interest and you can have your credit card without the security requirement, or to phrase it better, unsecured with a personal line of credit.
Wiki User
∙ 16y ago
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What is used on a credit report to determine your credit worthiness?
stuff...
What is a free online credit report?
A credit report is a record of your purchase & payment credit history. These reports are used by various corporations to determine your credit 'worthiness' before issuing you credit, offering you a job or writing you a mortgage. An online report is simply a credit report on you, that you can request, from the three major credit reporting companies online, for free.
How do you get your credit score to show up?
Your credit score - a number used to predict your likelihood of paying off debt - is generated from information in your credit report, but is not part of the report itself. You can get your credit score from the credit reporting agency Equifax by going to http://www.equifax.com/fico-credit-score/. Equifax will give you your score and a breakdown of what your score means, which is really helpful. Equifax has really good services. Never had a problem with them. Hope this helps!
What impact does 1099-C have on your credit report i want to buy a car in a few months will this effect in qualfying for a loan?
Your credit report shows your credit useage patterns, it has nothing to do with the quality/source of your income. 1099 is used to report income stuff to the IRS. The credit bureaus won't know about it.
What is HICR TERM on credit report?
Its the highest credit amount used at any one given point in time on your revolving credit product.
Can a dentist you have never seen or used but your husband did put a bad credit mark on your credit report?
No he can't. The only way to fight back is to contact the credit bureau that has this information on their report, (ie) equifax, experian, transunion, and dispute the report. The will have to verify that the credit mark is correct and true. Hang in there. You can beat em.
What is credit report .gov for?
To learn what a credit report .gov is used for check with the gov that issued it You can also check Wikipedia for more information on what a credit report .gov is used for as well
What is used on a credit report to determine your credit worthiness?
stuff...
What is commonly used to determine if you should give customers an AR Account?
credit report
What is the most clear definition of a 'credit report'?
A homeless man holding a piece of cardboard that says" Spare some change, I used to work at Northern Rock".
What is a free online credit report?
A credit report is a record of your purchase & payment credit history. These reports are used by various corporations to determine your credit 'worthiness' before issuing you credit, offering you a job or writing you a mortgage. An online report is simply a credit report on you, that you can request, from the three major credit reporting companies online, for free.
What are three names of online Credit Report Companies?
The two main credit reference companies used to check a person/s credit score are Equifax and Experian. Both of these companies offer a free individual credit reference / report to the consumer.
How can i find the definitions for the key factors used by the credit bureaus?
Usually at the bottom of the credit report.
What website can be used to obtain a free instant credit report?
Trustful websites to used to obtain a free instant credit report include creditkarma, along with the website annualcreditreport, and freecreditreport.
What information is included in a consumer credit report?
A consumer credit report consists of a persons personal information as well as their credit history and score which can be used by financial institutions and sometimes employers as well.
How do you get your credit score to show up?
Your credit score - a number used to predict your likelihood of paying off debt - is generated from information in your credit report, but is not part of the report itself. You can get your credit score from the credit reporting agency Equifax by going to http://www.equifax.com/fico-credit-score/. Equifax will give you your score and a breakdown of what your score means, which is really helpful. Equifax has really good services. Never had a problem with them. Hope this helps!
What impact does 1099-C have on your credit report i want to buy a car in a few months will this effect in qualfying for a loan?
Your credit report shows your credit useage patterns, it has nothing to do with the quality/source of your income. 1099 is used to report income stuff to the IRS. The credit bureaus won't know about it.
