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I just applied for a secured credit card using a fake SSN that I verified didn't belong to anyone already. The credit card website sent me an email asking for 4 or 5 different identity verification documents! I created the easiest to create of each document and emailed it in. They didn't send me an email saying they accepted my application so I emailed them. The next day they sent me an email asking for the same documents. I sent them again. They sent me an email with a link. I click the link and it opened a page saying for me to log in before I read it! I don't know what this is but I'm not giving them my email and password to open it! I need to get cards using my fake ssn so I applied for a secured one but it's not becoming a success story like so many others have shared. What do I do to get credit cards to start building credit here? I don't have any documents but I can create them...
I got a secured credit card from my bank at the end of the March and got my credit score yesterday. It took me a little over 6 months to get a score as the banker told me. I've noticed some DACA approved people saying they got rejected on secured credit card. Secured credit card means you put deposit money and the deposit amount becomes your credit limit, so there's no reason to be rejected if the application is filled right. Even my father, who only has ITIN, was able to get the secured card. I use the website called creditsesame.com for the score check. It monitors the credit score for free and access is available at anytime unlike many other sites. My score showed as n/a until yesterday because the bank secured card is my only credit line but it had no established score. My first official established credit score I got yesterday is 672, which is just average. I won't get approved of credit cards with low interests and great rewards because these credit cards require better credit scores. I might get approved of the chase freedom, it only requires average credit score. I won't apply for credit cards that I know I will get rejected because that leaves the records. When credit card company or bank sees these records, it gives them the sense of desperation. This red flag makes them think I'm in need of money that I don't have which leads to unpaid balance. Also, the credit score gets deducted each time you get rejected. The credit score gets deducted each time you close a credit card as well. Furthermore, the recored is left each time you go into a car dealership and give them your info. to check the available interest rate. Because what they do is put your info. in their system to get the rates from banks. But it's different from getting an auto loan from thr bank. Credit card companys and banks considers many factors when someone applys for credit line. Revolving account (such as credit cards and money market), installment account (such as loans and mortgages), depth of open credit lines, amount of debt or credit card balance, and etc. are considered. Just having one or two credit cards is not sufficient enough to raise the credit score if you plan to apply for a loan or mortgage. I first established credit card score of 672, using a secured card. It could've been a little higher if I didn't check the interest rate with the car dealers twice, try to get the car loan from my bank, and apply for the "preapproved" discover credit card that was mailed to my house. Now I'm going to go in to my bank to talk to the banker about upgrading my secured card to an unsecured card with higher limit and get my deposit back. If the banker thinks that will hurt my score, I'll keep the secured credit card open for six more months and in mean while, I'll use the unsecured card to build some legacy on that credit line before I close the secured card. I'll get a car soon for an installment account.
Has anyone applied for a credit card? If so, which one and from what bank? I applied for the student secured credit card from Wellsfargo. They asked for a copy of my ssn card and I gave it to them, they said they needed to fax it along with the application since my ssn was new and so that the process wouldn't take too long, but then after a week they called me asking me to take a copy of my residence because my ssn card said it was only valid for work. Has anybody been through this? I've heard of other DACA recipients who got approved for that same credit card, but one person mentioned he wasnt asked for his ssn card, and that I shouldnt have showed it to them, Is it true? Did I make a mistake by giving them the copy? Wouldnt it show up in their system that it is only valid for work anyway? p.s. I will go on Monday to see what's going on, but I'll like some feedback on this topic anyway. Thanks
So I opened a Chase account like a month ago and I tried to open a credit card account so I can build my credit score (currently at 0). I got denied right away. I was reading the forums and some people got their credit cards approved with Bank of America. Is it bad to have more than 2 checking accounts? I can open one at Bank of America and try to apply for the credit card. I also applied for Macy's and JcPenny's and also got declined. Does anyone know why this happened? Thanks