Comments on: Applying for Credit Cards http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/ ...we did it before, we can do it again Thu, 11 Mar 2010 18:34:40 -0800 http://wordpress.org/?v=2.9.2 hourly 1 By: My Credit Score – Has It Really Jumped 41 Points? «Out of Debt Again http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/comment-page-1/#comment-2240 My Credit Score – Has It Really Jumped 41 Points? «Out of Debt Again Sat, 17 Oct 2009 14:13:40 +0000 http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/#comment-2240 [...] credit file in the last twelve months.” The last time I applied for any credit was back in September 2008, when I applied for several cards at once.  So, I’d hoped since it’s been over twelve months, it would go [...] [...] credit file in the last twelve months.” The last time I applied for any credit was back in September 2008, when I applied for several cards at once.  So, I’d hoped since it’s been over twelve months, it would go [...]

]]> By: It Looks Like We Might Be Refinancing Our Home | Out of Debt Again http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/comment-page-1/#comment-1893 It Looks Like We Might Be Refinancing Our Home | Out of Debt Again Sat, 12 Sep 2009 20:31:31 +0000 http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/#comment-1893 [...] The time since your most recent account opening is very recent. [...] [...] The time since your most recent account opening is very recent. [...]

]]> By: Mrs. Accountability http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/comment-page-1/#comment-330 Mrs. Accountability Thu, 18 Sep 2008 12:31:00 +0000 http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/#comment-330 Hi Goliathdebtor, you are right, I am not in a position to help my sister with that kind of money at this point in time. I am curious, does your wife have any credit cards established in her name at this time? It's really important for each spouse to have their own cards. We're trying to build Mr. A's credit score by having him use a card for gasoline. Thanks for visiting and commenting! Hi Goliathdebtor, you are right, I am not in a position to help my sister with that kind of money at this point in time. I am curious, does your wife have any credit cards established in her name at this time? It’s really important for each spouse to have their own cards. We’re trying to build Mr. A’s credit score by having him use a card for gasoline. Thanks for visiting and commenting!

]]> By: GoliathDebtor http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/comment-page-1/#comment-329 GoliathDebtor Thu, 18 Sep 2008 11:51:00 +0000 http://www.outofdebtagain.com/2008/09/applying-for-credit-cards/#comment-329 My wife had a couple of hits to her credit back before we got married, and so her credit was hovering at about 625... I added her to a few of my already estabilished credit accounts, and now she's a 690.<br/><br/>I think the key was that those cards have my name on them, and have been established. By linking her to an already existing account, we improved her rating. If I had put my name on a new card along with her, the only way her credit will improve is by charging things to the card, and repaying them over time, developing a history on the account.<br/><br/>so that's less advice, and just some general knowledge for you... :-) I'm with you, I don't like the idea of having somebody living based on my credit, especially somebody who isn't my dependent. But, from the sound of it, neither you or I are in such a position that we could just give them the money, which is what I'd prefer to do... :-( My wife had a couple of hits to her credit back before we got married, and so her credit was hovering at about 625… I added her to a few of my already estabilished credit accounts, and now she’s a 690.

I think the key was that those cards have my name on them, and have been established. By linking her to an already existing account, we improved her rating. If I had put my name on a new card along with her, the only way her credit will improve is by charging things to the card, and repaying them over time, developing a history on the account.

so that’s less advice, and just some general knowledge for you… :-) I’m with you, I don’t like the idea of having somebody living based on my credit, especially somebody who isn’t my dependent. But, from the sound of it, neither you or I are in such a position that we could just give them the money, which is what I’d prefer to do… :-(

]]>