I was planning to get a secured loan from a bank toward my savings account any tips got denied by my own back..US BANK all my old collections/charge offs are paid off dont understatnd why they denied my but advice will be very apprecited , do u know is there any bank out who dont pull ur report for secured loan but make sure they report stuff on the report.. thx in advance
RE: roni,momof3 etc >>pl Ok, I did a secured loan in 4/00 with my personal bank, Chase. They pulled a credit report. They didnot do it that day. I got the loan instantly. But they pulled it a few days later by the credit department. Nonetheless, I was approved and I had major paid collections on my report as my student loans were just consolidated the same month. I also had some unpaid collection errors which I hadnot removed yet. So I would suggest that you try another bank. Frustrating I know. But everybank I tried was very understanding and lenient. You bank may be a real stickler. What other banks are in your error. I cant imagine the big boys turning you down.
RE: roni,momof3 etc >>pl Thx roni for ur replay not only that I finanace the car from them since 95 and last 52 payments never late not only that have for 20k in there savings accounts? figure this..
RE: roni,momof3 etc >>pl Dont worry about them or take it personal. Move on. Take that money out of their bank and tell them why. That is what I would do. You still didnot answer the question. What big banks are around you?
RE: roni,momof3 etc >>pl Oh sorry , 1- ABN AMRO/LASSALE BANK 2- HARRIS BANK AND TRUST 3- BANK ONE 4- CORUS BANK 5- MID TOWN BANK THATS ALL I CAN THINK OF
RE: roni,momof3 etc >>pl dang, I guess you are not on the east coast. Never heard of those except bank one. Maybe youcould open a savings account for $1,000 at bank one and try there.
THX roni , yes you right about so here what I did today walk in to 3 banks 1-bank one 2- citi bank 3- baxter credit union open 3k savings account and got secured loan instantly approved, I hope this will help me increase my score ..will pay off in 3 months
Way to go Mil. Happy that it all worked out. This will help your credit tremendously. 3 installment loans paid over 12 months is a great credit booster. Have you established any new positive revolving accounts? I hope Mom will follow your lead and booster her credit with the Installment loans besides the credit cards.
Installment Loan Question for Congratulations Mill!! Question, did you open up three $1,000 savings accounts in each bank or Three $3,000 accounts. If you don't mind me asking what was your previous credit like? I had an account that was reported to that check writing agency (I can't remember the name) even though the account was paid and then closed (I even had a letter from my bank and they would not take it off!!!). I managed to open up a checking at another bank but need to open up a savings at another bank to be able to do the same thing. I think Bank of America does not deal with them anymore. Did you take out a loan for the entire amount? Thanks!
RE: Installment Loan Question I dont have any thing bad reported on my chex report , that mean every time bank open a account they will call the bank to check your record, citi bank did pull my report for secured loan but i dont thing bank one or bcy but not sure , also I open 3 3k account not 1000 each.
Mil. No doubt, you rocked toda That was a serious power move Mil. $9,000 in installment loans to your report paid, along with no late payments for several months to years is great. I am proud. I thought you meant 3 1K loans also.