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| Can Fingerhut Build Credit? : Fingerhut Review |
So I have heard that Fingerhut can be a great way to buy certain things without paying the full price, but I chose to use Fingerhut for the purpose of increasing my credit score. I am a college student and I am kind of in debt with attempting to pay on some hospital bills from a surgery that I had last year as well as getting ready to graduate. I am about to have a decent amount of loans to pay after I receive my degree. I currently have a fair credit score, but I would love for it to be a lot higher than what it is. Over the course of a few months, I am going to assess how greatly Fingerhut can alter my credit score.
I have heard mixed reviews about how finger hut can affect credit, but I decided to try it for myself.
So let's jump into this review and my experience with using Fingerhut!!
Applying for Fingerhut
I applied for Fingerhut.. It requires putting in your information: name, birth date, SSI, and I want to say your address as well.
I received an update on the security system I use for protecting my credit. It expressed that a new form of credit had been open under my information within a few hours. I was allowed a $300 credit to Fingerhut.. which was pretty cool. I have heard that the ranges of available credit can differ based on your past credit history and your age, but this is what I was given. The amount you receive could be more or less than mine.
Also, I would like to mention that I waited awhile (3 weeks) after signing up for Fingerhut credit and received a catalog about 2 weeks after creating an account with them. They have a lot of items in their book to choose from, but of course you need to be careful within purchasing anything on credit.
