No Credit Score

Try sex work. Elderly porn has its niche audience.

You need to get a charger plate at a local department store. Your husband may have to cosign for you.

Add your name to all of the accounts. That should have been done when you got married. How come it wasn't, OP?

Your Sears charge plate? They’re so complicated n fancy.

You can build credit with a secured card.

Also, who uses a credit card - and writes checks - in their spouse's name? It's not 1960 anymore. Get a joint account, and have yourself added as an authorized user on his card(s). Walking around the Piggly Wiggly with your husband's checkbook in your pocketbook might've seemed normal in the era of Mister Ed, but nowadays, it just makes you look like an identity thief who swiped the wallet of your latest john.

Get some of the utility bills transferred from your husbands name to yours and pay them on time. It’s little things like this that build a solid score.

Ffs r5 this is a troll thread.

To get some idea as to what your FICO score is just set up a free account at Credit Karma. The score won't be one they pulled today (it may be a month old) but you'll get some idea where you stand.

Spread that gape for the cam

Your bank can provide you with a credit card with a lien of credit if you deposit a specific amount for a term. ie a 3-year term CD for $5,000 for a $3,000 credit line.

I bought a great credit score for myself on the dark web. Look into it OP.

R10 It'll have to be OP's husband's bank, though.

wait, if you're late on con edison bills, that affect your credit scores?

No, utility bills at this point do not factor into your FICO score. Utility companies don't even report their customer's payment history to the credit bureaus.

On the advice of a debt counselor, I took out a $2000 “credit building loan” from a local credit union.

You pay towards the $2000 every month, and once it’s paid in full they deposit the money into an account for you. The bank reposts the timely payments and it looks like a real loan on your reports. That and a secure Capital One card reinvigorated my ailing credit score.

This isn’t a troll. My name is on the credit card as an authorized user and both names are in a shared checking account but I’m the only one who puts money into that. My husband has a separate check and savings account. Neither has resulted into a credit score or history. Capital One has offered me a card. Which is best? I plan on paying off the balance at the end of each month.

I do have a debit card in my name. Why doesn’t that establish credit?

Because you’re spending money you have deposited not borrowing money to be paid by later. The bank makes a minimal fee but credit companies want to see that you can spend and pay back and use a line of credit wisely, not just spend within your means.

Shove all of your financial advice up your tight ass!

OP is caught in a sexist trap that I'd hoped was pretty much gone by now. I've heard stories in the past of wives who've been "credit nothings" upon widowhood because all the credit was in husband's name.

[quote] On the advice of a debt counselor, I took out a $2000 “credit building loan” from a local credit union.

Wait so presumably you had to pay back more than $2000 total after interest right? That sounds like such a fucking scam.

The whole credit score system is so predatory. It just puts people at greater financial risk with this bullshit threat. I.e. the best way to increase your score is to expose yourself to a dangerous amount of credit. Between my three credit cards I have around $50k of credit and they just increase it without even asking you, which is nuts. What would anyone need $50,000 of credit for?

R15, I started with a Capital One secured card. Worked well for me

Debit card is NOT a credit card.

apply for a store credit card like Target

I started in the mid 90s. I first got a Macy's store credit card. Later I got a Capital One credit card with a $3,000 deposit. I don't remember what my credit line was, perhaps $1,500. but over the years I was able to build a credit history.

OP, I'm curious what has made you this desperate for attention

Late '60s. No debt. Credit cards paid off 100% automatically every month. No late payments for utilities, or for anything at all, really.

Last mortgage was paid off in 2003. Current house paid for with cash.

I haven't checked my credit score because I don't need any credit.

So, am I penalized by Fair Isaac with a low credit score because I carry no debt?

No, R27. I haven't had any debt for a long time, with very high score.

Get your name added to your husband's credit cards. If it's one of the banks that report on Additional Cardmembers, you can instantly inherit your husband's credit history with respect to that card only. If he has a good track record with the card, you'll piggyback on his credit card history.

Get a secured credit card from your bank. After a six months, apply for a department store credit card. After about a year, they’ll refund the security deposit.l, and you’ll have a credit score. Open a credit karma account (totally free) so you can monitor your score and activity. DO NOT have joint accounts with your husband.

[quote]So, am I penalized by Fair Isaac with a low credit score because I carry no debt?

Even if you pay off your balance every month, it's hard to have zero credit card balances on your report because the banks report on different days of the month and not necessarily on the payment due date. So if you had a balance on the reporting day, that balance will appear on your report even if you paid it off a day later (and in advance of the due date). I'm anal about paying off my balances but every month a small amount of credit card debt appears on my report.

One month, I managed to time everything so that I had zero credit card debt reported - AND I GOT DINGED ABOUT 12 POINTS FOR "NOT USING CREDIT".

[quote] Neither has resulted into a credit score or history

Of course you have a FICO score. It may not be that great, but you have one. And if your name is on a credit card then you have some credit history. The payments made to the credit card reflect on both the primary and the secondary user's credit.

[quote] The payments made to the credit card reflect on both the primary and the secondary user's credit.

Not necessarily. If OP is merely a user of his husbands account, but with his name on the card, he will have no credit reporting in his name.

R27 wants everyone to know just how special he is.

And you can guess how he votes, too!

This thread is indicative of what DL has become with the straight women here.

I’m the Op and I’m a man, a 66 year old man with no credit. I don’t know why a few of you thought I was a lady. I applied for a Capital One card online and the APR is 26.9%! That’s usury or simony or something! I’m going to call Capital One on Monday and see which card they recommend.

Capital One will encourage you to get the card with the highest interest rate and to only pay your minimum amount due each month.

The APR will likely be lowered once you establish a credit score, perhaps after 1-2 years.

The interest rate doesn’t matter if you pay it off in full every month R36. Get the card, charge a few hundred every month, pay it off by due date (hence no interest) and your score will increase dramatically in 12 months.

It isn’t that you have to “carry” debt. You have to show you can use credit products responsibly (don’t charge up to the limit the first month and then make minimum payments/default).

R21, it was a tool specifically designed to improve those with difficult credit, It had a bit of a grace period I never had to use, but was maybe $75 to utilize- much less than a debt consolidation firm would charge. It was a credit union up in Harlem, hardly predatory and yes, a service people pay for. It was 18 months, but unlike a real loan, YOU can choose the amounts and payment terms. It was $118.21 a month. The $2000 deposited at the end of the payment felt like frosting on the cake.

I came from a broken home, my parents were terrible at saving money, and I had to relearn spending, saving and being more prudent with PLANNING rather than compulsive about spending like they taught me.

First of all, if you want to establish or keep good credit, you NEVER use more than a third of the maximum offered. Secondly, you have to work within a budget, be gainfully employed, and willing to arrange to pay old debt off rather than keep expecting our government to pay it. Third, you really don’t have to run up large amounts, you just need to prove you pay them off when they’re due. One shirt or other small purchase once a month will suffice.

Capital One will not report your card payments to the credit bureau if you’re an author user. My husband is going to add me to the card. Problem solved!

Debit cards are useless except for people really lousy at handling money. I think it is easy/easier now, but in the past you couldn't rent a car or book a flight or a hotel room with a debit card; they were a nuisance with no real benefit other than not having to carry wads of cash at all times. Debit cards do nothing to contribute to your credit history.

It seems you have taken care of your Capital One account but I would talk to your bank -- or your husband's bank, it seems, and explain your situation of wanting to establish a credit history of your own. Or contact the credit card company where your husband has another card on which you are not an authorized, explain what you want and ask them to suggest a credit card and line of credit suited to the purpose of establish a credit history.

It's important that you have a bigger hand in finances and a financial history that you can call upon should the need ever arise. Imagine trying to explain your problem if your husband died quite suddenly or was incapacitated. It's an extraordinary thing to contemplate, but whole industries on built on these possibilities so it's not unimportant that you be prepared in case of some unforeseen crisis. You can't leave everything up in the air saying, 'oh, my husband, he's the one who takes care of all those money things!'

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True story. I decided to clean up my credit about 10 years ago and I actually called a law firm that specialized in it. It was 99 Dillard s month and within the first months 1 big ding was taken off. I just needed a few months to clean up. I was under 600 score I think.

The biggest shocked was they actually did what they promised. You can call em and they would explain what they're at in the process.

I won't give the name, but besides clearing up my credit they were so helpful and nice.

Try and find someone to do it if you can OP.

Sorry, I just assumed you have lost credit. My bad.

But if you need a credit card, a secured card is a good way to build credit.

I forgot about those charge plates! Thanks for the laugh, R2.

I really wish we could be done with credit scores. I was told to get a car loan to boost mine. Yeesh.

R46, what idiot gave you that advice?