Started By
Message

re: Secured Credit Card to rebuild credit

Posted on 4/13/16 at 8:48 am to
Posted by anc
Member since Nov 2012
18196 posts
Posted on 4/13/16 at 8:48 am to
Don't waste your time. Go to a credit union and get a secured loan. After 90 days of reporting, Capital One will give you a unsecured $500 card. If you are good with that for a year, you should be able to get one of their premium cards. At that point, other banks will give you a chance, sans American Express. If you ever burn them by not paying them, it can take up to 20 years before they will consider giving you a card.
This post was edited on 4/13/16 at 8:49 am
Posted by MsState of mind
State of Denial
Member since Aug 2013
2651 posts
Posted on 4/13/16 at 8:50 am to
You can go get a loan but by having a card you are just having your deposit tied up. You don't have to use the card every month for it to report
Posted by The Levee
Bat Country
Member since Feb 2006
10821 posts
Posted on 4/13/16 at 9:14 am to
I'm already paying on a loan with Whitney Bank...will they offer me a 500 limit card after 90 days too?
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram