Newbie in need of CL's

[Ohlordy!]

i have a friend with a

702 fico score

25k citi 13 yrs AU acct

2.5k cap one 5 yrs AU acct

500 credit one 2 yr old acct

Im interested in applying for more unsecured lines of credit but i have been stomped on where to start i don't want a ton of inquiries, nor a ton of denials

someone please help a newbie out

[ihatedcu]

As uncle Bob would says, "newbies must read, and then read some more."

 

Check out master of master thread. One of the sticky.

Edited November 8, 2014 by ihatedcu

[ihatedcu]

http://creditboards.com/forums/index.php?showtopic=483738&page=12&hl=master&do=findComment&comment=4845170

[parisamour]

Is the 702 your score or your friend's score?

 

I ask because you started off your post -" I have a friend with a ...."

 

You then go on to ask how you can add trade lines.

Edited November 8, 2014 by parisamour

[ihatedcu]

Can't help him without knowing his profile.

Any negative on your report?

What's your fico score?

You gotta provide info.

[ihatedcu]

Your ultimate prize should be WHALE hunting.

Credit hunting progression:

Fish bowl ($1000) -> fish tank ($5,000) -> pond ($10,000)-> lake ($25,000) -> ocean, hunting for WHALES.

 

Don't get side track huntin for deer lemonade.

[Ohlordy!]

Yes I was helping talking to a friend about repairing her credit her fico is 702 no negatives 12k auto loan

[Ohlordy!]

As uncle Bob would says, "newbies must read, and then read some more."

Check out master of master thread. One of the sticky.

http://creditboards.com/forums/index.php?showtopic=483738&page=12&hl=master&do=findComment&comment=4845170

 

 

Thanks for link we will read it now but like all newbies we want instant gratification

[ihatedcu]

 

As uncle Bob would says, "newbies must read, and then read some more."

Check out master of master thread. One of the sticky.

http://creditboards.com/forums/index.php?showtopic=483738&page=12&hl=master&do=findComment&comment=4845170

Thanks for link we will read it now but like all newbies we want instant gratification

Don't worry guppie. After one year, you will become a goldfish like me.

[ihatedcu]

I think you need a mentor. Someone who has Humility, Honesty, Civility, and Empathy.

 

¯\_(ツ)_/¯ ?????

 

Ubercat? Do you know?

[Ohlordy!]

I think you need a mentor. Someone who has Humility, Honesty, Civility, and Empathy.

¯\_(ツ)_/¯ ?????

Ubercat? Do you know?

Ok great hope your signing up

[Ohlordy!]

I think you need a mentor. Someone who has Humility, Honesty, Civility, and Empathy.

¯\_(ツ)_/¯ ?????

Ubercat? Do you know?

Ok here's another scenario let's start with me I never had credit never needed it I thought up until last year...I'm 38 ...yea don't judge me... Sorry i was raise to believe if you can't buy it don't try it (charge it) so last night after reading link (which was quite informative and entertaining) and I decided hey let me try my file while I wait on my friend to figure out if she is ready to leap into the MATRIX

I have fairly new file

2500 discover it 6 mos

800 cap one secured 10 mos

Quizzle 706

Credit sesame 741

Credit karma 703

Discover it fico score 692 lack of installment loans and age of credit history reason for score

Credit uti 14%

 

No lates no baddies nothing other then previous residences on file I own my own home, cars and I have a 4 investment properties none of which will show on file of course

[ubercat]

 

I think you need a mentor. Someone who has Humility, Honesty, Civility, and Empathy.

¯\_(ツ)_/¯ ?????

Ubercat? Do you know?

Ok here's another scenario let's start with me I never had credit never needed it I thought up until last year...I'm 38 ...yea don't judge me... Sorry i was raise to believe if you can't buy it don't try it (charge it) so last night after reading link (which was quite informative and entertaining) and I decided hey let me try my file while I wait on my friend to figure out if she is ready to leap into the MATRIX

I have fairly new file

2500 discover it 6 mos

800 cap one secured 10 mos

Quizzle 706

Credit sesame 741

Credit karma 703

Discover it fico score 692 lack of installment loans and age of credit history reason for score

Credit uti 14%

 

No lates no baddies nothing other then previous residences on file I own my own home, cars and I have a 4 investment properties none of which will show on file of course

 

 

I paid for everything in my life with cash, I've always hated debt, and somehow managed to live within my means - until 45 yoa. Wife and I had twins and BAM! I'm looking into buying a house. I had no report on EX and TU.

 

I know from where you come.

 

I have a few questions:

 

Have you received your paper reports from the big three credit reporting agencies? If you haven't yet, please use the numbers in my siggy.

 

Have you started reading/read PsychDoc's Seminars? It's a CB must-read. We all pretty much speak in shorthand (or even code at times) and those seminars will get you to a point where some of the CB credit-cant will become intuitive and recognizable.

 

Those scores you find at Karma, Sesame, and Quizzle are almost worse than worthless.

 

 

So, I would be interested to see what's on your EX report. If that report is nice and young and thin and clean I do have a credit card company in mind.

 

That C1 card should be looked at for an upgrade or pc. Have they given you an auto cli on that?

 

Don't app for anything. We can work on finding a card or two unsecured, but you've got to have the paper reports (and read the PsychDoc Seminars - linked in my siggy).

Edited November 9, 2014 by ubercat

[Ohlordy!]

Ok I'm on it now:))

[Ohlordy!]

 

 

I think you need a mentor. Someone who has Humility, Honesty, Civility, and Empathy.

¯\_(ツ)_/¯ ?????

Ubercat? Do you know?

 

Ok here's another scenario let's start with me I never had credit never needed it I thought up until last year...I'm 38 ...yea don't judge me... Sorry i was raise to believe if you can't buy it don't try it (charge it) so last night after reading link (which was quite informative and entertaining) and I decided hey let me try my file while I wait on my friend to figure out if she is ready to leap into the MATRIX

I have fairly new file

2500 discover it 6 mos

800 cap one secured 10 mos

Quizzle 706

Credit sesame 741

Credit karma 703

Discover it fico score 692 lack of installment loans and age of credit history reason for score

Credit uti 14%

No lates no baddies nothing other then previous residences on file I own my own home, cars and I have a 4 investment properties none of which will show on file of course

I paid for everything in my life with cash, I've always hated debt, and somehow managed to live within my means - until 45 yoa. Wife and I had twins and BAM! I'm looking into buying a house. I had no report on EX and TU.

 

I know from where you come.

 

I have a few questions:

 

Have you received your paper reports from the big three credit reporting agencies? If you haven't yet, please use the numbers in my siggy.

 

Have you started reading/read PsychDoc's Seminars? It's a CB must-read. We all pretty much speak in shorthand (or even code at times) and those seminars will get you to a point where some of the CB credit-cant will become intuitive and recognizable.

 

Those scores you find at Karma, Sesame, and Quizzle are almost worse than worthless.

 

 

So, I would be interested to see what's on your EX report. If that report is nice and young and thin and clean I do have a credit card company in mind.

 

That C1 card should be looked at for an upgrade or pc. Have they given you an auto cli on that?

 

Don't app for anything. We can work on finding a card or two unsecured, but you've got to have the paper reports (and read the PsychDoc Seminars - linked in my siggy).

Ok pulled my report

740 ex 1 inquiries

736 eq 3 inquiries

736 tu. 4 inquiries

[ubercat]

Okay. How did you get these numbers?

[credithunting]

nice and young and thin and clean

 

Exactly what i am looking for

[ubercat]

...pink, and quite clean.

[BobWang]

[ubercat]

[BobWang]

[ubercat]

[BobWang]

Uncle

[credithunting]

Not a Day goes by on this forum that I don't Laugh and Learn

[Ohlordy!]

I pulled them online thru experian website