From: jeq@i88.isc.com (Jonathan E. Quist)
Subject: Re: Can anyone check somebodies credit??
Organization: INTERACTIVE Systems Corporation, Naperville, IL
Distribution: chi
Date: Wed, 18 Nov 1992 21:32:01 GMT

In article <1992Nov18.071231.26536@gagme.chi.il.us> phantom@gagme.chi.il.us (Leif Ericksen) writes:
>In article <1992Nov16.153513.1980@i88.isc.com> jeq@i88.isc.com (Jonathan E. Quist) writes:
>>In article <1992Nov14.141811.3359@tellab5.tellabs.com> jstein@tellabs.com (Jeff Steinhauer) writes:
>>>Recently I heard some disturbing news about people being able to
>>>access credit checks/reports.
>>
>>>As I was driving to work this week I was listening to B96(96.3) on
>>
>>(I was once refused a Discover card, on the basis that, as a single
>>male under 25, I did not fit their "safe" profile, regardless of my
>>income.  When I pointed out the fine print on their application that
>>said they could not refuse credit based on sex or age, they re-ran
>>the application, and refused me on the basis that I had too many
>	
>	Interesting, I am 23 now and a single male.  I have a Discover card
>that expires in 93, so I have had it for awhile now.  The Discover was issued
>in 1989, a Sears card was issued way back in in 1989 also.  Then to top it off
>I have a VISA card that was issued in 1989.  This is all by the member since
>date,  NOW that does not mention the TWO School loans that I got in 89 or 90
>so that I could attend DePaul University after leaving the hole in the
>wall in McComb called Western Illionis University ( NO LOANS THERE )
...
>	So count HOW many credit check I would have had there for yourself
>I think that is atleast five... AND all of them would have been a couple 
>of months apart.... I ALSO HAD NO JOB AT THE TIME, and was living at home..
>ONLY the VISA card had a CO-Signer.  SO either you were denied because
>of some BAD record reason, or just a screw-ball error, or ?????

Yes, however you _were_ a student.  My biggest mistake (students
take note!) was that, my senior year, when everybody in the world
wanted to give me a credit card, I ignored all the applications.
Two years after graduation, when I decided it'd be handy, I started applying
for cards.  Well, with only a 2 year employment history (with 2 different
employers, since my university position funding ran out), less than
2 years at my current address, and _no_ credit history good or bad,
_nobody_ wanted to give me a card.  Finally got a gas card, and
started from there.  There were other credit checks, yes,
but the number of checks was not a reason until after Discover ran the
second check - it was not listed on the first rejection.

Students:  When you start getting bombarded - apply for every card
you're offered.  Watch the interest rates, and don't use the outrageous
ones unless you're going to pay them off.  But as a near-future college
graduate, you'll have an easier time getting credit, and hence establishing
a credit history, now than you ever will the rest of your life.
-- 
Jonathan E. Quist                              INTERACTIVE Systems Corporation
jeq@i88.isc.com  '71 CL450-K4 "Gleep", DoD #094        Naperville, IL
        There are many things a person should experience in a lifetime.
       Among them are an infant's first cry, and an infant's first laugh.
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