Just some advice if I could get it. Sorry for all the questions. I discharged my BK 7 in Aug 2012 and already have the Capital One Secured Card.
But as I race to repair my credit, is it better to have 1 secured care or 2? If it's 2, can someone recommend a good 2nd secured card to have?
And then should I just sit on the 2 cards and see what it does to my scores? I'm also going to need an auto loan pretty soon so I guess that will help my scores in the long run as well?
For me, I obtained one secured credit card for $1000. Within about 4-6 months, I received a pre-approved offer from Capital One. Inital credit was around $500 with auto increase to $750 after about 2 months. Eventually the $750 increased to $1750 where it now sits. Good luck. You'll get through it.