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Member Since: February 2014

Most Helpful Contribution

Green Dot primor® Visa® Gold Secured Credit Card

Mar 13, 2016
Perfect for rebuilding and establishing
Helpful to 148 out of 151 people

I don't understand all the negative reviews.  I have had this card since Nov 2014.  The application process was extremely simple and fast.  I was approved, deposited the funds and had my card within 7 days.   I have never had to wait 14 days for payments to process, maybe 7 days but as of late, my payments are available within a few days.   Listen folks, they have to make sure the money you are paying actually clears your bank. Remember, if we weren't sub prime account holders then maybe it would post same day.  It doesn't matter that they have a secutiry deposit. Just like a landlord, who also has a security depost, won't allow you to be late with your rent.  I have NEVER had a problem with this bank.  You can even add funds to your account to increase your line of credit which I also have done with no problems.  I haven't had to speak with any customer service reps so I can't comment on that aspect.  Sure, you can't convert to a secured card with this bank but that is stated up front.  I look at it as if I have another savings account somewhere that I can't touch.   People need to read the terms and conditions of any card - read all the fine print before applying and you won't have any surprises.   Do not use more than 30% utilization! Of course if there is an emergency you may have no choice but pay it down as fast as you can.  Your credit score will drop if your utilization is high.  If your a member of Credit Karma you should have learned that in the first few weeks of reading.  My credit score rose 60 points within the first few months of having this card and 100 points within a year.   It continues to rise as I take good care of my credit and spending habits, somthing I didn't do when I was younger. Another thing, before applying with a company read reviews as much as you can and not just this website, all over there are reviews on every credit card company.  As I stated above it is very important to take the time to read the terms and conditions.  I hear too often people claiming they were never told something, meanwhile they check the box stating they read the terms and conditions where that certain "something" was stated.   That section contains all the information you need to know about the rules of their game.  I wish everyone the best on rebuilding or establishing credit.

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Green Dot primor® Visa® Gold Secured Credit Card

Mar 13, 2016
Perfect for rebuilding and establishing
Helpful to 148 out of 151 people

I don't understand all the negative reviews.  I have had this card since Nov 2014.  The application process was extremely simple and fast.  I was approved, deposited the funds and had my card within 7 days.   I have never had to wait 14 days for payments to process, maybe 7 days but as of late, my payments are available within a few days.   Listen folks, they have to make sure the money you are paying actually clears your bank. Remember, if we weren't sub prime account holders then maybe it would post same day.  It doesn't matter that they have a secutiry deposit. Just like a landlord, who also has a security depost, won't allow you to be late with your rent.  I have NEVER had a problem with this bank.  You can even add funds to your account to increase your line of credit which I also have done with no problems.  I haven't had to speak with any customer service reps so I can't comment on that aspect.  Sure, you can't convert to a secured card with this bank but that is stated up front.  I look at it as if I have another savings account somewhere that I can't touch.   People need to read the terms and conditions of any card - read all the fine print before applying and you won't have any surprises.   Do not use more than 30% utilization! Of course if there is an emergency you may have no choice but pay it down as fast as you can.  Your credit score will drop if your utilization is high.  If your a member of Credit Karma you should have learned that in the first few weeks of reading.  My credit score rose 60 points within the first few months of having this card and 100 points within a year.   It continues to rise as I take good care of my credit and spending habits, somthing I didn't do when I was younger. Another thing, before applying with a company read reviews as much as you can and not just this website, all over there are reviews on every credit card company.  As I stated above it is very important to take the time to read the terms and conditions.  I hear too often people claiming they were never told something, meanwhile they check the box stating they read the terms and conditions where that certain "something" was stated.   That section contains all the information you need to know about the rules of their game.  I wish everyone the best on rebuilding or establishing credit.

how can i raise my credit score 100 points in 6 months

Sep 01, 2016
Helpful to 32 out of 33 people

Excellent!  And for those of you who need to dispute with the collection agency's or debtors like I did, I want to share with you what I wrote.  Keep in mind if it is a legitimate debt, this won't work.  There was no way I was paying anyone to do something I could do myself.  Here is my letter of dispute and it worked:

When disputing errors on your report, here is a letter that worked for me.

Insert Date, your name and address

Insert debtors name and address

                        CERTIFIED MAIL    RETURN  RECEIPT

RE:  (type what this letter is about)        Account Number:  Unkown (It was for me)  

Dear Sir or Madam:

I have recently obtained a copy of my credit report, and it shows that you have reported

(fill in this blank)  as "placed for collection".  I have NEVER had an account with ......... (or explain your reason)

This reporting placed by you is very disturbing and it is doing serious damage to my credit rating.  For the past two years, I have been working diligently at improving my credit.

As you know, you are required by law to make sure that bills are accurate and sent to

the correct address.  I have never received any bills or I would have contacted you

immediately to notify you that I do not have an account with you.

I hereby request that you take the following steps to remedy this situation:

- Send me a notarized statement attesting to your compliance with all provisions of the

 Fair Credit Billing Act with respect to this account.

-  Provide any and all documentary evidence of my indebtedness for all charges you claim

   Including billing statements to me. 

Please attend to my requests promptly as time is of the essence.

If I do not receive the above requests within the period prescribed by law, I will expect to

receive written notification that you have, in fact, made the required deletions from your

reports and that you have removed from my file any reference to the disputed account.

If you cannot provide the statements and documentary evidence required, then I insist

you delete all negative references from your reports to Experian, Equifax, and

TransUnion. 

I also require that you communicate with me only in writing.  Please do not contact me

by phone at any time for any reason.

To verify my ID and my address, I am enclosing copies of my Drivers License.

Sincerely,

 This was an actual dispute.  I never had an account with them yet they were on my credit report.  Save your letters.  What happened in this case, was that they closed out the case, removed it from my credit report and sold it to another collection agency who reopened the entire case as if it were brand new.   I had to write to the new collection agency.  I used the same letter.  Of course, I changed the name of who I was addressing the letter to.  I also attached my original letter with the new letter serving as proof that this is now being disputed a second time, actually a 3rd time as I also disputed with the original creditor.  In the end, everything was cleared up.

Fingerhut Credit Account issued by WebBank

Mar 13, 2019
Able to drop your score
Helpful to 45 out of 48 people

I opened Fingerhut a few years ago when I first started rebuilding my credit.  What they have been doing is giving me increases in my credit line.  If I use the increase, I can keep the new credit line.  If I don't use this "new available credit" they will take it back.  I do not use the credit so they take it back.  Now my credit report shows

"credit limit decrease" which in turn lowers my FICO score.   I am getting rid of my Fingerhut card.  I like some of their stuff too, always opted for clearance and free shipping.  However, I am not playing this new game with them.  They are causing me a lot of points when they do this to me which is every other month or so.

If you are trying to rebuild your credit, this is an excellent starter card.  

What does it mean when a collections account has been removed?

Sep 01, 2016
Helpful to 9 out of 9 people

The same thing happened to me.  A few weeks ago I received a letter from an agency trying to collect on a debt that was very old. It was removed from my credit report 3 years ago.   I have learned to read everything in a letter, don't miss a word.  At the bottom of the letter, in the smallest type, it stated that "this is such an old debt we will not be suing you or making reports to the credit bureaus.  This is an attempt to collect on an old debt" .  Make sure you read everything.  If it is in really small letters, pay special attention.  They know no one reads the tiny print.   Or you can dispute it.  They have 30 days to answer your letter of dispute or they have to stop reporting, take it off your report, and cease all further actions.

What happened to the calendar that showed when credit companies were going to report your balance?

Sep 08, 2016
TO FIND REPORTING DATE
Helpful to 8 out of 8 people

Log into Credit Karma

Click on either TRANS or EQUIFAX - your score is shown.  Scroll to the bottom of the page and select SEE FULL CREDIT REPORT.

Next, select "ACCOUNTS" -  Now you will see all of your accounts.  To determine which day a  company posts to the Credit reporting agencies, click on the account name.  This will now open a window showing you all that you need to know about the account.  It will also show you the Last reporting date.  That date generally is the day of the month the company reports.  It is also generally 2-3 days after your DUE date.

What does it mean when a collections account has been removed?

Aug 20, 2016
Helpful to 7 out of 7 people

After the statue of limitations runs out, you cannot be sued for the debt.   However, they can still try to collect.  Here is what happened to me.  Last week I received a notice from a collection agency.  It was for a debt dating back to 2004 - car repo. Naturally, my heart sank as I started reading their letter and telling me how much money I owed them along with payment options.   I didn't owe them a dime but I knew they could find a way to ruin all the hard work I have been doing in restoring my credit.  I kept reading the letter with the intention of pulling out my records and proving them wrong, etc.  That is why I save everything!  Here's the crucial part - please pay attention to what I am going to say.  In very small letters at the bottom of the letter, where nobody reads, was a notice stating that since the debt is so old they will not take me to court, will not sue me, nor will bother me again.  This is an attempt to collect a debt only.

Make sure you read every word on any collection papers and even satisfaction papers.  If you get a letter of satisfaction, make sure everything is accurate and save it for as long as needed.

Need personal loan

Oct 27, 2019
Helpful to 5 out of 5 people

You need to be banned from this site.  Everywhere I go, there you are announcing some sort of quick fix to credit.  THERE IS NO QUICK FIX!!

Capital One® QuicksilverOne® Cash Rewards Credit Card

Sep 08, 2016
Helpful to 4 out of 4 people

Those inquiries do seem like forever but they only last 2 years. Not such an impact after the first year so I have been told. Make sure they fall off on the 2nd year. Congratulations on your road to rebuilding!

What does it mean when a collections account has been removed?

Aug 20, 2016
Helpful to 4 out of 4 people

I have had the same thing happen to me.  I disputed a collection with the original debtor and it was removed.  The debtor then sold it to a collection agency who put it on my credit profile.  I disputed them and they removed it from my credit report, AGAIN.   Then original debtor  sold it to another collection agency (third time)  who put it on my credit profile and I had to dispute the entire collection again.  In my dispute letter, I did state that this debt has been disputed twice before with other collection agencies.   I attached my dispute letters to the previous collection agency and the original debtor, along with their responses that they will cease collection activities.  I received a response within 2 weeks that this matter will no longer be pursued.  

What does it mean when a collections account has been removed?

Aug 20, 2016
Helpful to 3 out of 3 people

If it is a collection account, it will stay on your report and marked as "paid" or "paid as agreed" but not removed.    Is it still showing unpaid?  If it is, dispute it with the Reporting agencies - Trans, Equifax and Experian.  You can do it online.  Submit  proof that these bills are paid and they will make the necessary corrections.    Keep copies of all correspondence no matter how trivial you may think it is.

Credit Karma score compared to FICO score. If my CK score is 730 what would my FICO score be?

Mar 13, 2019
My FICO is much higher
Helpful to 2 out of 2 people

CK sent me an email stating my score lowered.   I quickly checked and sure enough, it is telling me it dropped 40 points.  I freaked.  I went to check my FICO through Experian, which I get all 3 FICO scores plus monitoring, for a monthly fee, and my FICO scores are 50-65 points higher!!  These FICO scores just came out so I am not looking at scores from a month or two ago.  So CK is trying to get me to sign up for these credit cards that are offered to people with low-fair credit scores - CK states my scores are 630 and lower.  Not true at all.   Last year, my CK scores were much higher than my FICO scores, but at that time I did not know the games they play and I applied for cards I didn't qualify for!  

how can i raise my credit score 100 points in 6 months

Mar 19, 2016
Helpful to 2 out of 2 people

open up a secured credit card with Capitol One.( DO NOT get Credit One confused with Capitol One)  You give them $200 which is "security" and they give you $200 available credit.  Keep your usage under 30%.  Making your payments on time and keeping utilization low you will get back your security deposit and an increase in available credit.  This will take time, it doesn't happen overnight.  Best of luck.

Should I avoid the dealership financing agents every way possible?

Oct 27, 2019
Helpful to 4 out of 5 people

Why shouldn't we buy gap insurance?  I am glad I had GAP on my last car which was totaled.  The GAP insurance covered the GAP between the Cars current value and the outstanding loan balance.

What am I not understanding?

Credit score dropped

Oct 27, 2019
Helpful to 3 out of 4 people

Anyone notice anything about the posters sentenance?   DO NOT LISTEN TO THIS PERSON!

I had read a lot of good things about this hacker online which gave me a go ahead to try him out. I almost gave up my search for a real agent because I kept meeting fake people 

Authorized User Help

Oct 27, 2019
DON'T DO IT
Helpful to 1 out of 1 people

Let her get a secured credit card to build her credit.  She can ruin you.  It takes years to build a good credit history and a few hours to destroy it.

Hi, it is showing my credit score as N/A. How do i update that?

Oct 27, 2019
Helpful to 1 out of 1 people

DO NOT LISTEN TO THIS ADVICE AOVE!!  You cannot magically improve your credit.  If a company can verify it, it is true.  If they can't verify it, they must remove it.  These are things you can do yourself.  Educate yourself utilizing the many tools offered for FREE on this site.

  There is no such thing as a 110 % guarantee either.  

score on Karma credit was 624-went to the dealership and was told my score was actually 494? Advice?...

Oct 27, 2019
Helpful to 1 out of 1 people

Credit Karma does not give you your FICO score, they give you your vantage score.  Big difference.  Always get your FICO score before applying for any type of lending.

Can you E-file previous year return?

Mar 20, 2019
Don't think so
Helpful to 1 out of 1 people

I don't think so, you most likely have to mail it.  Mail it using Return Reciept Requsted so you have proof of it's mailing and the proof they have received it.  

Just attempt to e file and it will give you the answer as well as the address to mail it to.

should i close my newest account

Mar 13, 2019
Helpful to 1 out of 1 people

Don't close all your accounts, that is not a good idea.  You don't know what the future holds and you may just need a credit card one day.  150K is not that much money (though I wish I had that) to retire on.  If you close all your cards, nothing will be reported and your scores will drop drastically.  Your score will not stay the same.   Pay off the balances like you want to and put the cards away, don't use them so this way you will maintain your good score.  

Credit Karma score compared to FICO score. If my CK score is 730 what would my FICO score be?

Mar 13, 2019
Helpful to 1 out of 1 people

I have the opposite.  Experian has my scores 50-65 points higher than CK.  

Experian uses FICO 9.    I pay them monthly for credit monitoring and every three months I get all 3 FICO scores.   Meanwhile, CK is presenting me with offers for "rebuilding your credit" credit card offers, something I do not need.  I went from bad credit to good credit, it took time but I did it.

Now, I have to get rid of Fingerhut!!  They are constantly raising my credit limit but if I do not use the available credit, I cannot keep it.  They then take it back which appears that my limit has been decreased and that is lowering my score every other month.  That is some dirty work by Fingerhut!!   They were of some help when I was rebuilding a few years back,  not anymore.  

Judgment removed and nothing happened

Sep 29, 2016
Helpful to 1 out of 1 people

Perhaps in another few weeks it will update.  If it doesn't, contact them again.

Who do I dispute this with?

Sep 29, 2016
Helpful to 1 out of 1 people

Start with the supplier.  They may accept your payment or tell you that you have to contact the collection agency.  Try to do a "pay for delete".

Drive fir 29. Is it worth the effort and is if for real? l

Sep 29, 2016
Helpful to 1 out of 1 people

You didn't state the name of the dealership so we can't tell you if it is for real.  If this is a buy here pay here, they generally don't report to the credit reporting agencies.  If you are going to finance a car, make sure they report so you can build that history.  Capitol One has some great financing as does your local credit union. 

How did my points drop by 100 when I pay my bills on time and I have no debt?

Sep 29, 2016
Helpful to 1 out of 1 people

Do you have active credit being reported?  Keep a small balance, like $10  on your cards to show credit activity.  

Question About On Time Payments?

Sep 17, 2016
Helpful to 1 out of 1 people

You have to ask  if they will be reporting to the credit agencies.  Some do, some don't.  Credit Karma does not have Experien on here.  Have you checked your experien score?  Call the creditors that are not reporting and ask them why they aren't.

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