Credit Card Questions
Poll: Does anyone find this thread helpful?
Yes |
|
67 | 80.7% |
No |
|
5 | 6% |
Somewhat |
|
11 | 13.3% |
Total number of voters: 9 ( Wanderer, FrankN, JacksonM, JGibbs, vincymol ) See more
CentsibleSaver, Ronald Patton, rebuilder76, SAR1954
|
|||
Only registered users can participate to this poll |
- Wanderer
- Offline
- Moderator
- Posts: 1265
Replied by Wanderer on topic 1st credit card
Interesting question but no. Likely had they been continued as they were then it would seem to me they would have maintained their original reporting. In thinking back, I had a Standard Oil card that transitioned into an Amoco card and I had HSBC cards that rolled into Capital One cards. Now the HSBC cards that transitioned into Capital One cards (that are long closed) still do show on my credit reports as Capital One. So, I think it would be lender specific and how they handled the card transition. Oh, I originally had a Providian Bank Visa that transitioned into a Washington Mutual Visa that was taken over by Chase and converted into a Chase Flexible Rewards Visa that was changed to a Chase Freedom Master Card that was transitioned to a Chase Freedom Visa card and the reporting is on my credit report back thirteen years but carries the name Chase in the bureau. Did not lose the history or reporting. Hope this helps!
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic 1st credit card
Just curious to see if it would still show up on your credit report
5 years 5 months ago
#8
- Wanderer
- Offline
- Moderator
- Posts: 1265
Replied by Wanderer on topic 1st credit card
In truth I don't remember.
5 years 5 months ago
#9
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic 1st credit card
Nice. Were those cards canceled or rolled into another credit card as those financial institutions were rolled up?
5 years 5 months ago
#10
- Wanderer
- Offline
- Moderator
- Posts: 1265
Replied by Wanderer on topic 1st credit card
A Texaco Gas Card with a $300 limit followed by a BankAmericard $300 limit and a Northwestern National Bank Southwest MasterCard $1,000 limit. Over time the lenders were absorbed into other financial institutions or ownership transfers.
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic 1st credit card
What was your first credit card? Mine was the Amex blue that I got in college. I still have it to this day.
5 years 5 months ago
#12
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Sofi Money
I like that approach Wanderer and take a very similar approach.
5 years 6 months ago
#13
- Wanderer
- Offline
- Moderator
- Posts: 1265
Replied by Wanderer on topic Sofi Money
Spread across the month and I take a card out of use so I can pay it off before statement cutoffs. Leave a balance on one to maximize the FICO Scoring Model. It seems there are other approaches for this too.
5 years 6 months ago
#14
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Sofi Money
For people with multiple credit cards, do you like to set up the payment date the same or more sporadic across the month? I like it to be more sporadic instead of one very high payment.
5 years 6 months ago
#15
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Sofi Money
My wife and I are sharing a credit card, but I am not sure that counts!
5 years 7 months ago
#16
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Sofi Money
Does anyone share credit cards with their family? I was speaking with my sister-in-law and they each have a credit card under the same account.
5 years 8 months ago
#17
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Sofi Money
Has anyone used Sofi Money before? Someone told me about it, and it looks like a great platform.
5 years 9 months ago
#18
- FrankN
- Offline
- Blogger & Researcher
- Posts: 1208
Replied by FrankN on topic Credit Karma
Does anyone use Credit Karma as their primary source for their credit score?
5 years 11 months ago
#19