Building Credit
Well Ladies and Gentlemen, I got another Credit Card denial letter in the mail today. This time Capital One decided not to give me a piece of plastic with a little Visa or Mastercard logo on it.
It has been around 2-3 months since I last applied for a credit card. The last one I got denied for was a secured visa from Wells Fargo.
I don’t understand why it is so hard to get a credit rating in this country. I got my Mastercard back in Aus no problem at all. At the time I was only casual and not earning a lot of money, living at home but they still gave me one.
Now, I am earning a lot more money, I have money saved away, I have a newer car and they won’t give me a credit card. I have been here properly (all visa’d up, working direct for ARM) for almost 6 months now and I still don’t rank for a credit score from ANY of the three credit reporting agencies. If I had BAD credit, I would not have any problem getting the sort of credit cards I have been applying for.
The main reason I financed my Car was to help build my credit score. I didn’t really need the finance as I paid over half of the loan off as soon as my first letter came in from Honda. I have paid everything on time since I have been here so sorry to be a grumble bum but I am not a fan of the credit score system!
Far out – not again… Crazy. You are right about how easy it is to get one here – one wootsie application over the net and in a week you have a piece of plastic!
Comment by Ally — August 27, 2006 @ 11:30
tis all very stoopid stoopid stoopid, classic example i dont own my own car i have a shit wage
and i still live at home and i have one worth just under 10grand go figure! i’d give you one dear, bank of eirlee:P
Comment by eirlee — August 29, 2006 @ 09:27
no eirlee – that would be the “bank of poosie”…that is awesome at dispensing fortunes
Comment by Ally — September 2, 2006 @ 19:24