I got 3 positive TL's last month. The first credit I have had in about 5 years. A Target Red card, a Crown Jeweler acct & a Orchard unsecured MC. I decide I need to use these at least once to get them established and reporting to the CRA's. I go to Target and buy a few things for 40.00. I have that budgeted so the money is there to pay it. I don't put anything on the Orchard card because it already has a 59.00 start up fee on it, no annual fee though. Have that budgeted too. I finally go to the Crown jeweler site tonight, to get it reporting you have to make a purchase. I have a birthday this month and so does my daughter. I pick out us both a necklace (thier stuff ain't that great) and pay the required down payment using my paypal acct. And since thats birthday money I have that money set back too. So I get done and I'm sitting here at my puter thinking about things and it starts to really bug me that I have balances! Before I know it I go back to the CJ site and paypal the balance left. Then I go Orchard, sign up for online pay and pay that signup fee. Then I go do the same at Target's site and pay that off too. Now I feel better but I think I am mentally disturbed. Talk about being reborn/reformed! I'm not a compulsive spender, I'm a compulsive payer!!!! Just had to share that, I know y'all will understand me Tegleg
LOL. I do the same thing! I had a balance of like 30.00 on Crown and I couldn't stand that, I paid it the same night as well. I haven't got my other cards in the mail yet, but I am sure it will be the same way.
question Does Crown report your CL or just your the balance? I was thinking of applying. Also are the CL's decent? I noticed on whogavemecredit everyone had a 1500 CL. Thanks
Everyone I think does get 1500.00, you do have to pay alittle everytime, a downpayment for 39.00 its around 8.00, I just started and bought 1 thing and it is already reporting on 1 CRA as of yesterday, less then 10 days from purchase.
Thanks for the fast reply heybreez!!!! WOW they report fast!!!! Sounds good so far, do they report your credit limit?
I am interested to see how they will report. Let us know what it looks like Hay, I know you have triple monitoring now =D I think the CL does report but it hasn't gotton on mine yet so I am not sure. I don't really want to use CJ again, thier stuff is not all that good and seems kinda high. However I have heard that after 6 months with no activity they can send an email saying they will charge 32 to keep the TL reporting. But then again some peeps say they have had it a year or two with no such fees. So I am interested to see what happens. I think I would rather make some piddly little purchase, well not so piddly cheapest things are 40 bucks, about every 6 mths to a year to keep that 1500CL up. Can't see not keeping that CL active for a long time. Tegleg
Thanks Tegleg I'm not sure if I will go that route I have 3 positive CC TL. My student and car loans are positive as well. I may just wait for a CL increase with my CC's. Hay- Congrats on that nice CL with WalMu-don't forget to go to whogavemecredit.com and enter your data for others seeking positive TL!!! Also keep your charges under 30%
Thanks! Now CJ is reporting on TU and EX, the balance still says 0 and isn't showing CL. I wonder when it will? Hopefully?