Credit rating HH

[nchyro]

Hi, yes we've heard it all before. Long story short got a bad rating due to a student cc close to 2 yrs ago... Account closed involuntarily, no outstanding balance.

I'm considering some options to recover and get a normal credit rating ---

1. SECURED cc tied to FD (any particular recommendations? which bank fd/secured cards are good)

2. Take up small loan of maybe $500, make payments promptly to increase rating gradually over the next year or so.

I'm more towards option 2 because it's a little sian to put at least 10k away for one full year. BUT I don't know which bank will approve even a small loan with a rating of HH.

Any advice?

 

[xersion]

Account closed involuntarily, no outstanding balance.

meaning? last time got outstanding and was force to close the account but now already settle all the payment?
if you had settle all repayments u can try to apply with either one of the banks first and see if they are willing to grant u a CC or not..

 

[nchyro]

Account closed involuntarily, no outstanding balance.

meaning? last time got outstanding and was force to close the account but now already settle all the payment?
if you had settle all repayments u can try to apply with either one of the banks first and see if they are willing to grant u a CC or not..

In 2014 got outstanding, went overseas for a long time and forgot to pay. Feb 2015 closure of account.

I tried one bank so far. Unsuccessful. Not willing to try more because it will reflect badly on my already cui report.

Any suggestions for banks that have slightly relaxed approval for cc or for personal loans?

 

[xersion]

Try those bank that u have saving account and salary credited... I think u have a higher chance of getting it approve..

Sent from OPPO X9079 using GAGT