Magdalen77 Posted January 25, 2008 Report Share Posted January 25, 2008 I got approved for Dell about 2 weeks ago. I decided to get a new laptop. This one is starting to show it's age. It still works, but I bought it second hand 2 years ago. Dell approved me for $1500. I just got the laptop I want with the programs I want, it's around $1300I was hoping that the Dell account would report like an installment account. It would help my mixture since my only installment credit is my student loans (and one really old repo, grrr). I always get crap about, not having a mixture of credit. EX and EQ seem very hung up on the fact that I don't have a mortgage. Well, if you keep my scores down, I never will.Okay, blathering again. Does anyone know the answer to the title question??? Link to comment Share on other sites More sharing options...
rmuse00 Posted January 25, 2008 Report Share Posted January 25, 2008 On my EX report is is listing as "revolving" Link to comment Share on other sites More sharing options...
Magdalen77 Posted January 25, 2008 Author Report Share Posted January 25, 2008 On my EX report is is listing as "revolving" Dang!! I was hoping it would be an installment. I guess I need to make big payments. $1300 out of $1500, that would be mega utilization. Link to comment Share on other sites More sharing options...
ShortBus Posted January 25, 2008 Report Share Posted January 25, 2008 Yeah. The INQ reported as installment, the actual account reports as revolving. On the positive side, they do report to all three. Link to comment Share on other sites More sharing options...
Magdalen77 Posted January 25, 2008 Author Report Share Posted January 25, 2008 Yeah. The INQ reported as installment, the actual account reports as revolving. On the positive side, they do report to all three.Great, just what I need. EX is already squawking about my "utilization of your 4 bank cards" on my FAKO and it's only 25%. I'll knock them down next month but, really EX will ding you for anything. Link to comment Share on other sites More sharing options...
whocares Posted January 26, 2008 Report Share Posted January 26, 2008 I just checked the interest on my account...29% is too high for me...I'll be paying in full next month Link to comment Share on other sites More sharing options...
Magdalen77 Posted January 26, 2008 Author Report Share Posted January 26, 2008 I just checked the interest on my account...29% is too high for me...I'll be paying in full next monthI agreed to one of their "service plans" so it would be interest free for 6 months. I expect to have it paid off long before that. The service plan is probably not a deal, but you get nothing for the 29% interest. Link to comment Share on other sites More sharing options...
AboveAverage Posted January 26, 2008 Report Share Posted January 26, 2008 Mag, make sure you actually have 0% interest. I read on a couple of rip-off sites that Dell was actually trying to screw folks with that and not honoring the 0%. If you got anything in writing you should be ok. I love Dells, but their financing team seem to be thieves of the unhonorable kind... Link to comment Share on other sites More sharing options...
Magdalen77 Posted January 26, 2008 Author Report Share Posted January 26, 2008 Mag, make sure you actually have 0% interest. I read on a couple of rip-off sites that Dell was actually trying to screw folks with that and not honoring the 0%. If you got anything in writing you should be ok. I love Dells, but their financing team seem to be thieves of the unhonorable kind...Thanks for the tip!! I'll make sure. If that's right I'll raise hell and cancel their "service plan". Link to comment Share on other sites More sharing options...
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