Results 1 to 17 of 17

Thread: No Credit....

  1. 10-19-2008, 10:45 PM #1
    Turbo Terrance
    Turbo Terrance is offline
    You need HD 2 see me
    Join Date
    Mar 2007
    Location
    Mall of GA/L-Ville > Fort Hood, TX
    Age
    37
    Posts
    1,059
    Rep Power
    21

    Default No Credit....

    Yea so since i turned 19 ive tried to apply for loans for school and to finance vehicles and got denied w/ and w/o cosigner im 20 now and tried applying for credit card and a loan to get a motorcycle and got DENIED........ but i have no credit history and im trying to establish credit..... Is it the economy that holding me back from getting those or am i a victim of identity theft( i seriously think i am)..... i need to get a credit report... what should i do IA?!?
    Reply With Quote Reply With Quote
  2. 10-19-2008, 11:10 PM #2
    TIGERJC
    TIGERJC is offline
    EX Super Mod TIGERJC's Avatar
    Join Date
    Aug 2005
    Location
    Fayetteville
    Age
    39
    Posts
    9,499
    Rep Power
    33

    Default

    Quote Originally Posted by Turbo Terrance
    Yea so since i turned 19 ive tried to apply for loans for school and to finance vehicles and got denied w/ and w/o cosigner im 20 now and tried applying for credit card and a loan to get a motorcycle and got DENIED........ but i have no credit history and im trying to establish credit..... Is it the economy that holding me back from getting those or am i a victim of identity theft( i seriously think i am)..... i need to get a credit report... what should i do IA?!?
    lol u have no credit and u think you're a victim of identity theft. Naw you need to build credit by getting a credit card or cards and paying off the balance every month. I've been in your spot, b/c my parents will never co-sign for anyone including their son. To this day I regret paying cash for my mr2 when I was 18 instead financing 20% of the 8500 price tag. You're going to have to put up atleast half down on prolly anything you're looking at financing. Take your time and build your credit instead of going to a dealership that is going to charge you a high interest rate to get you in a car.
    2006 Evo IX - Bolt ons
    Reply With Quote Reply With Quote
  3. 10-19-2008, 11:13 PM #3
    Turbo Terrance
    Turbo Terrance is offline
    You need HD 2 see me
    Join Date
    Mar 2007
    Location
    Mall of GA/L-Ville > Fort Hood, TX
    Age
    37
    Posts
    1,059
    Rep Power
    21

    Default

    ^^^ I said i got denied for a credit card....
    Reply With Quote Reply With Quote
  4. 10-19-2008, 11:34 PM #4
    TIGERJC
    TIGERJC is offline
    EX Super Mod TIGERJC's Avatar
    Join Date
    Aug 2005
    Location
    Fayetteville
    Age
    39
    Posts
    9,499
    Rep Power
    33

    Default

    Quote Originally Posted by Turbo Terrance
    ^^^ I said i got denied for a credit card....
    you need to pull your credit report

    Well you're fucked then, b/c if you can't get a high interest credit card then I don't know who will loan you money
    2006 Evo IX - Bolt ons
    Reply With Quote Reply With Quote
  5. 10-19-2008, 11:38 PM #5
    AlanŽ
    AlanŽ is offline
    IA's Slowest V6 AlanŽ's Avatar
    Join Date
    Sep 2005
    Location
    Dunwoody
    Age
    36
    Posts
    12,819
    Rep Power
    37

    Default

    Quote Originally Posted by Turbo Terrance
    Yea so since i turned 19 ive tried to apply for loans for school and to finance vehicles and got denied w/ and w/o cosigner im 20 now and tried applying for credit card and a loan to get a motorcycle and got DENIED........ but i have no credit history and im trying to establish credit..... Is it the economy that holding me back from getting those or am i a victim of identity theft( i seriously think i am)..... i need to get a credit report... what should i do IA?!?
    Your guess is probably the right answer.
    Quote Originally Posted by AlanŽ
    Nah not even. theres not enough alcohol on the planet that would convince me to bang that chick.I wouldn't hit that with Magic Johnson's dick.....on second thought
    Epic Foxbody Thread Crew Member #10
    Reply With Quote Reply With Quote
  6. 10-20-2008, 01:22 AM #6
    AlanŽ
    AlanŽ is offline
    IA's Slowest V6 AlanŽ's Avatar
    Join Date
    Sep 2005
    Location
    Dunwoody
    Age
    36
    Posts
    12,819
    Rep Power
    37

    Default

    my advice to you is to keep trying cause the longer you wait the harder it will be to get one.
    Quote Originally Posted by AlanŽ
    Nah not even. theres not enough alcohol on the planet that would convince me to bang that chick.I wouldn't hit that with Magic Johnson's dick.....on second thought
    Epic Foxbody Thread Crew Member #10
    Reply With Quote Reply With Quote
  7. 10-20-2008, 01:23 AM #7
    One_Bad_SHO
    One_Bad_SHO is offline
    3.2L 24v DOHC One_Bad_SHO's Avatar
    Join Date
    Mar 2008
    Location
    Blacklanta
    Posts
    1,800
    Rep Power
    20

    Default

    Quote Originally Posted by Turbo Terrance
    Yea so since i turned 19 ive tried to apply for loans for school and to finance vehicles and got denied w/ and w/o cosigner im 20 now and tried applying for credit card and a loan to get a motorcycle and got DENIED........ but i have no credit history and im trying to establish credit..... Is it the economy that holding me back from getting those or am i a victim of identity theft( i seriously think i am)..... i need to get a credit report... what should i do IA?!?
    Are you black?













    I keed!
    Reply With Quote Reply With Quote
  8. 10-20-2008, 01:29 AM #8
    AlanŽ
    AlanŽ is offline
    IA's Slowest V6 AlanŽ's Avatar
    Join Date
    Sep 2005
    Location
    Dunwoody
    Age
    36
    Posts
    12,819
    Rep Power
    37

    Default

    Also I don't know who you bank with but thats also probably you're best shot. Typically people who know you are going to be a little better about giving you credit.
    Quote Originally Posted by AlanŽ
    Nah not even. theres not enough alcohol on the planet that would convince me to bang that chick.I wouldn't hit that with Magic Johnson's dick.....on second thought
    Epic Foxbody Thread Crew Member #10
    Reply With Quote Reply With Quote
  9. 10-20-2008, 04:54 AM #9
    redrumracer
    redrumracer is offline
    resident honda hater redrumracer's Avatar
    Join Date
    May 2007
    Age
    39
    Posts
    11,983
    Rep Power
    34

    Default

    Capital One is a great choice for a starter credit card, if they wont give you one then i would definitely check to see if your a victim of id theft.

    oh also if you get denied for a loan or credit you have the right to request a copy of your credit report that they based their decision on with in a certain period of time at no cost to you.
    Reply With Quote Reply With Quote
  10. 10-20-2008, 06:39 AM #10
    JennB
    JennB is offline
    It's good to be boosted JennB's Avatar
    Join Date
    May 2006
    Location
    ITP
    Age
    48
    Posts
    2,093
    Rep Power
    22

    Default

    Student Loans - did you try for a Stafford Loan? They are not credit based but need based.

    Secured or Partially Secured Credit Card - sucks to have to pay to get one but sometimes it's the only way. Bank of America offers secured and partially secured cards with low limits to get people started on credit or help them come back from bad credit. They do review accounts once per year though and if you pay on time and use the card wisely, they will promote you to a unsecured card.
    2005 Mazdaspeed MX-5 -1.8L Turbo
    Reply With Quote Reply With Quote
  11. 10-20-2008, 04:05 PM #11
    flak_monkey
    flak_monkey is offline
    Banned flak_monkey's Avatar
    Join Date
    Aug 2008
    Location
    Atl
    Age
    39
    Posts
    576
    Rep Power
    0

    Default

    Quote Originally Posted by redrumracer
    Capital One is a great choice for a starter credit card, if they wont give you one then i would definitely check to see if your a victim of id theft.

    oh also if you get denied for a loan or credit you have the right to request a copy of your credit report that they based their decision on with in a certain period of time at no cost to you.
    I still have my capital one card. The first one I got. And I only put a couple dollars on it, paid it off.
    Reply With Quote Reply With Quote
  12. 10-20-2008, 09:26 PM #12
    The_ CaneCorso
    The_ CaneCorso is offline
    The Roman Wardog The_ CaneCorso's Avatar
    Join Date
    Jul 2007
    Location
    Covington
    Age
    45
    Posts
    752
    Rep Power
    19

    Default

    So I paid off my first franklin loan and my score went from 696 to 620.............
    Reply With Quote Reply With Quote
  13. 10-21-2008, 08:23 AM #13
    GIXXERDK
    GIXXERDK is offline
    Senior Member
    Join Date
    Aug 2006
    Age
    40
    Posts
    2,055
    Rep Power
    22

    Default

    There are offers for student credit cards, I got one from Bank of America at 18
    Reply With Quote Reply With Quote
  14. 10-21-2008, 08:34 AM #14
    Sammich
    Sammich is offline
    IA's MIA'r Sammich's Avatar
    Join Date
    Dec 2005
    Location
    Killin all imposter Sammiches
    Posts
    59,408
    Rep Power
    140

    Default

    Quote Originally Posted by TIGERJC
    you need to pull your credit report

    Well you're fucked then, b/c if you can't get a high interest credit card then I don't know who will loan you money
    remember though..the economy is being really stingy right now..i say go to a credit union, like i always say..OR...get overdraft protection, thats a small way to build credit too



    Quote Originally Posted by Sinfix_15 View Post
    You travel with so much luggage that it wont fit in a wagon? you dating a kardashian?
    Reply With Quote Reply With Quote
  15. 10-21-2008, 04:27 PM #15
    BanginJimmy
    BanginJimmy is offline
    Moderator BanginJimmy's Avatar
    Join Date
    Oct 2005
    Location
    Hiram, GA
    Age
    46
    Posts
    7,499
    Rep Power
    31

    Default

    Tracy had the best idea. A secured card will show on your credit report the same way any other CC would so it will help to build your credit. The bank is also protected by you using your cash to secure the card.

    My brother is currently trying to fix his credit and he has a card secured by his savings account. His credit limit matches exactly with his savings account balance and he cannot withdraw more than his current card balance from his savings account. It is a win/win for both parties as he cannot overspend on the card and the bank is 100% "insured".
    www.fairtax.org
    Reply With Quote Reply With Quote
  16. 10-21-2008, 04:58 PM #16
    Tracy
    Tracy is offline
    www.BatlGround.com Tracy's Avatar
    Join Date
    Jan 2004
    Location
    ATL
    Age
    48
    Posts
    19,636
    Rep Power
    50

    Default

    Yea, secured credit card worked for me. I got one last year and now I finally have some credit to speak of and they gave me my money back and doubled my limit. It's not great, but it's a place to start. Now I have 3 credit cards and I am VERY careful with them. I never had established credit before the secured card, so it wasn't bad, I just never established any making it hard to get one. It's like how do you get experience when you have no experience (like in some fields where all positions require experience)? How do you get credit if you have no credit?
    Val for president!

    Facebook.com/TracyATL
    Reply With Quote Reply With Quote
  17. 10-23-2008, 02:47 AM #17
    The Youngn
    The Youngn is offline
    Im a Con Meo The Youngn's Avatar
    Join Date
    Feb 2006
    Location
    Atlanta
    Age
    37
    Posts
    5,753
    Rep Power
    26

    Default

    Open up a CD and get a loan secured by the CD. With the one that i went with....they update it to your credit report EVERY month when you make your payments. PM if you want some more info on that

    Reply With Quote Reply With Quote
« WyoTech grad looking for a job | Who has seen losses in their IRA/401k? »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules

About us
ImportAtlanta is a community of gearheads and car enthusiasts. It does not matter what kind of car or bike you drive, IA is an open community for any gearhead. Whether you're looking for advice on a performance build or posting your wheels for sale, you're welcome here!
Announcement
Welcome back to ImportAtlanta. We are currently undergoing many changes, so please report any issues you encounter with the site using the 'Contact Us' button below. Thank you!