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First of all Where can I find the best Lending Tree mortgage deal? Thanks for any response. Second question.. Well, George, I think I found the female version of you! My mom!. |
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I would like to know the answer too. Anyone here know what is the right answer. I'll do some investigation and get back to you if I discover an useful answer. You should email the people at Lending Tree as they probably could answer your Lending Tree question..
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I bought a Dell for my wife and couldn't be happier. The hard drive failed (Fujitsu) NOT DELL'S Fault and they sent me a new one. I wouldn't listen to james...
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Well, here is another situation where FICO punishes those with good credit, basically because it's a situation where the customer provides no profit for the credit issuer..
Your Mom could close the account, but because closed positive tradelines remain on her report for 10 years, it won't do much good. She'll take a score hit for having a new account (they count both open & closed), take a score hit for having an inquiry (if it's not the only inquiry on her report), and possibly start receiving negative score reasons such as "too many bankcards" (instant credit accounts are frequently revolving). Better to leave it open, and have it help the overall credit ratio. (Even though she'll also take a score hit for using part of her available credit line on the MC.). When she really, really needs a high score to get a good rate for something important, such as a car or a mortgage, she'll regret trying to save $50 on the computer purchase... |
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Who does Dell's financing? Maybe it could be turned into a line of credit or something......
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If the account is left open, she doesn't have to buy anything, does she? Or she could buy something small, web cam, digital camera or printer and pay it off just to show utilization. Just a sugestion...
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I also tried for the Dell financing (last year) and didn't get the best rate, but was able to pay it off quickly, and my scores are in the low 700's. I wonder if ANYONE qualifies for their 0% financing plan.....
Ditto.. |
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Actually, I think it *is* dell's fault in choosing bad drives. We are a large business account with dell where I work, and about 6 months ago, I ordered 15 new DELL computers for my department..
While I'm generally happy with the systems, about 8 of them had their harddrives fail within 3 months... |
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Hmmmm...I got the 0% for six months and my scores aren't in the 700s. Strange. Dell isn't reporting for me, so it may not matter if she closes it or leaves it open..
L.. |
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Thanks to everyone! Now, it's a line of credit so it's there if she needs it as she did not utilize it this time. Good points on the not reporting situation! Lots of good info here and I thank everyone. As for the Dell, I've learned better than to argue with mom and her rationale as in "I like the commercials." :)..
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See January 2003 issue of "Maximum PC". It's a Fujitsu thing...
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Good thing you said THINK, because my son had a Fujitsu hard drive in his HP, same thing happened to his. It is only obvious that if the hard drive doesn't have DELL on it, that it isn't their fault. Also, Fujitsu recalled like 2 or 3 million drives.....it was because a third party vendor supplied some faulty circuits...
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If you would use it again, keep it open...BUT IF THEY WON'T GIVE HER 0.00% NEXT TIME...WHY BOTHER TO KEEP IT OPEN???..
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