Obtaining Credit in the USA.
#1
Forum Regular
Thread Starter
Joined: Jun 2009
Posts: 30
Obtaining Credit in the USA.
Hello,
If there is a post that covers this please redirect me.
I have been living in the US for nearly 3 years now and the time has come to try and obtain some credit. I've tried to get a credit score from Experian but no dice.
I have a SSN but don't own a house as the company I work for rent one on my behalf. I do have a Bank Account with Morgan Stanley in NYC, and I have field 2 x tax returns as well.
Any advice would be helpful, at the moment I don't seem to appear on the system, what ever system I should be on.
If there is a post that covers this please redirect me.
I have been living in the US for nearly 3 years now and the time has come to try and obtain some credit. I've tried to get a credit score from Experian but no dice.
I have a SSN but don't own a house as the company I work for rent one on my behalf. I do have a Bank Account with Morgan Stanley in NYC, and I have field 2 x tax returns as well.
Any advice would be helpful, at the moment I don't seem to appear on the system, what ever system I should be on.
#2
Just Joined
Joined: Jul 2015
Posts: 3
Re: Obtaining Credit in the USA.
Hi, do you not have a credit card? Not sure how it's possible to live without one here!!! try getting one through Morgan Stanley, they should know you well enough by now to issue you one with a reasonable credit limit. Then you can start building that credit score.
#3
Re: Obtaining Credit in the USA.
look at creditkarma? Our bank (Wells Fargo) provides a free credit report each year. You could ask at your bank. Otherwise, just apply for a card. Advancial gave us one when we'd only been here a few weeks, low limit, high interest but it got us started. If I were you, I'd try for a good one with airmiles perhaps and see how you get on. Even if they reject you, you can phone up and ask them to re-evaluate with more info from you.
Worst case, get a secured credit card from your bank from your bank for a few months.
Worst case, get a secured credit card from your bank from your bank for a few months.
#4
Re: Obtaining Credit in the USA.
You've left it a bit late, getting your credit history started as a new immigrant is tough, but can be done. You have now moved yourself into the category of citizens/ long term residents who have never had a credit history, ehich in msny respects is an even tougher situation to get out of. ..... In order to have any credit history you have to have used some credit products, so at the moment your credit file is empty, and you have no credit history.
As noted above, your bank should be your first place to contact re a credit card, but you have put yourself in the position of a new immigrant - your credit history will only start "now", when you start using credit.
As noted above, your bank should be your first place to contact re a credit card, but you have put yourself in the position of a new immigrant - your credit history will only start "now", when you start using credit.
#5
BE Enthusiast
Joined: May 2008
Posts: 572
Re: Obtaining Credit in the USA.
Just after I arrived, I went in to Sears to buy something, can't remember what it was, and there was a credit application in with the receipt. Filled it out, and got a credit card shortly after. Few weeks after that, I got a Visa credit card application in the mail. Filled that out, and a couple of weeks later, received the card, and I was on my way.
#6
BE Forum Addict
Joined: Dec 2005
Location: Colorado Springs
Posts: 1,214
Re: Obtaining Credit in the USA.
Hello,
If there is a post that covers this please redirect me.
I have been living in the US for nearly 3 years now and the time has come to try and obtain some credit. I've tried to get a credit score from Experian but no dice.
I have a SSN but don't own a house as the company I work for rent one on my behalf. I do have a Bank Account with Morgan Stanley in NYC, and I have field 2 x tax returns as well.
Any advice would be helpful, at the moment I don't seem to appear on the system, what ever system I should be on.
If there is a post that covers this please redirect me.
I have been living in the US for nearly 3 years now and the time has come to try and obtain some credit. I've tried to get a credit score from Experian but no dice.
I have a SSN but don't own a house as the company I work for rent one on my behalf. I do have a Bank Account with Morgan Stanley in NYC, and I have field 2 x tax returns as well.
Any advice would be helpful, at the moment I don't seem to appear on the system, what ever system I should be on.
#7
Re: Obtaining Credit in the USA.
The wiki, up top. Has a lot of info and makes a good starting point :/
#8
Forum Regular
Thread Starter
Joined: Jun 2009
Posts: 30
Re: Obtaining Credit in the USA.
Thanks for the feedback.
I just applied for the morgan stanley american express credit card. Last time I did I got rejected but I hadnt filed a tax return then so hopefully that will help this time around.
I just applied for the morgan stanley american express credit card. Last time I did I got rejected but I hadnt filed a tax return then so hopefully that will help this time around.
#9
Re: Obtaining Credit in the USA.
If you do get rejected then call them back and explain stuff. It has worked for others.
#10
Forum Regular
Thread Starter
Joined: Jun 2009
Posts: 30
Re: Obtaining Credit in the USA.
thanks I will.
I have a considerable amount of holdings at Morgan Stanley so I cannot see why they would not approve it, but I think I'm invisible in the US credit borg
I have a considerable amount of holdings at Morgan Stanley so I cannot see why they would not approve it, but I think I'm invisible in the US credit borg