ok i am TRULY stumped at this maybe just maybe you guys have had a similar problem : I go to get a checking account after years of only having a savings account - i had a checking account back in 1998 closed it and opened a savings account with a different bank - I'm denied ??? stating that my credit is the reason -- uhhhhh i'm not sure i understand -- so i pull my credit report -- no negatives - no lates -- no collections -- one large loan paid paid in full the same year it was taken out - one amex account paid and closed the same year -- i have no other credit cards , no mortgages nothing - but my credit score is LOW??? ok ok...wtf?? i go looking around the internet to see if any advice is offered for this situation and why yes there is ADVICE.....if you can call it that here's what i was told in a nutshell : i can't get a credit card but I can get a SECURED credit card - it will report to 3 major credit reporting agencies...that will help build up my credit....but it's suggested that I then get MORE credit cards keeping at least 3 of them at 80% of their limit for at least 5 years !!! that will give me a WONDERFUL credit score ??? so let me get this straight - I'm being penalized for being responsible with money so far and because I have NO debt no credit cards no loans because I only buy what i HAVE MONEY FOR- im being punished by the system??? ok ok... so I am way angry and confused. I work full time earn good money take the summers and hang out -live in my own paid for house don't owe anything to anyone and I'm penalized for this??? I sold my car several years ago to commute full time - my lord I can only imagine what the devil will occur if I EVER need to get a car again .....i guess i will pay cash for it -- will they take CASH??? seems to me that cash has a bad name nowadays.....WHAT IS THIS WORLD COMING TO !!!! ???
Has anyone on this board had this problem ? I'm getting married here shortly and we are thinking of buying another house......see my problem.... I suddenly have NO credit history with which to purchase another house.....ohhhhhhh how embarrasing for someone as responsible as me what to do what to do.....i'm angry i'm upset i'm sad i'm frustrated -- i just plain do not understand. On top of that I found out that working like I do - taking 3 months off in the summer leaves gaps in my employment history - even though I return to the same company every year - I've been doing this for 7 years now !! but because my company see's my return as rehire it looks bad ??? I've always gotten my raises never had a bad review and was just asked to take a management position -- but "the internet gurus " say I look "unreliable" ??? OMG !!! It was suggested to me to NOT take the summers off , take the management position , work diligently for the next 5 years and things will EVEN OUT......I'm going to scream.
ok i've vented.......thx -- comments? help? please someone talk to me about this stupid ****