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Old 01-15-2013, 12:41 AM
ryan41 ryan41 is offline
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Credit Score?

Hey i was wondering if anyone knows what kind of credit score you need to get financing for a loan with YARDCARD or sheffield financial. I don't have much credit being 20 (hard to get credit). I would have a co signer and i would be able to put 1,500 down on a new mower. Let me know if any was any suggestions on how to go about getting a loan or if i can?
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Old 01-15-2013, 01:09 AM
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kandalawncaremgr kandalawncaremgr is offline
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Go with Sheffield, I got my toro thru them. 36 months at 0 %. Give them a try. Ic u have money down your ahead of the game.
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Old 01-15-2013, 02:05 AM
ryan41 ryan41 is offline
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Did you have credit?
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Old 01-15-2013, 04:43 AM
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grandview (2006) grandview (2006) is online now
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If you have a no credit when they run it,its called a ghost score,Since you are having a co signer they will base it on theirs and most likely will be in their name first.
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Old 01-15-2013, 06:59 AM
grassmasterswilson grassmasterswilson is online now
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I'd apply for a credit card somewhere. Put a small amount on it each month and pay it off every month.

That will help build a good score.
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Old 01-15-2013, 12:36 PM
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grandview (2006) grandview (2006) is online now
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Didn't they change the law to you have to be 21 to get a cc?
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Old 01-15-2013, 02:39 PM
ryan41 ryan41 is offline
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I have a capitol one credit card that i can only use up to $200 on lol. it hasn't really helped so much. I had my dad pull up my credit score at his work. I guess i must of missed a payment because my score was in the 500.
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Old 01-15-2013, 03:23 PM
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grandview (2006) grandview (2006) is online now
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Quote:
Originally Posted by ryan41 View Post
I have a capitol one credit card that i can only use up to $200 on lol. it hasn't really helped so much. I had my dad pull up my credit score at his work. I guess i must of missed a payment because my score was in the 500.
Lesson learned about paying your bills on time. 7 yrs is a long time.
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Old 01-15-2013, 03:38 PM
dieselfuel dieselfuel is offline
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Quote:
Originally Posted by ryan41 View Post
I have a capitol one credit card that i can only use up to $200 on lol. it hasn't really helped so much. I had my dad pull up my credit score at his work. I guess i must of missed a payment because my score was in the 500.
If you haven't had much credit at 20 then it might not even be a missed payment - it just takes awhile to build it up. If he was able to pull up your credit SCORE then he was also most likely to pull up your credit REPORT. Two different things. Last year after checking my and my wife's reports there were two false collections items on her report. It took about 3 months to clear them up and kept us from refinancing our house right away.
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Old 01-18-2013, 08:13 PM
DannyLot DannyLot is offline
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Quote:
Originally Posted by ryan41 View Post
I have a capitol one credit card that i can only use up to $200 on lol. it hasn't really helped so much. I had my dad pull up my credit score at his work. I guess i must of missed a payment because my score was in the 500.
You guess you missed a payment?.. I'm not expierianced in this field but I have plenty exp in business and in personal finance. If you " guess " you missed a payment then maybe starting a business isn't for you. Credit needs to be taken very seriously, escpecially in this economy. I pay my credit cards off in full every month an don't pay interest, every penny counts. I have a 760 credit score an work hard to keep it there.

Stay organized with your bills and always pay on Time. Make a spreadsheet of your bills an when there due or start a file cabinet.
Good luck Danny
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