cancel
Showing results for 
Search instead for 
Did you mean: 

NFCU secured card

Highlighted
Established Contributor

Re: NFCU secured card


special111 wrote:

Gypsy5326 wrote:

I agree with this-it's how I re-started.  Did the $500 secured loan to fund the $500 secured card.  Two reporting lines of credit and it payed off in spades.  Good luck to you! 


I just want to make sure I understand how the secured loan funded secured card exactly? 



put $500 in savings

open $500 secured loan

bank gives you $500 loan check

deposit $500 loan check

use that $500 to fund secured CC

Ch 7 Discharge May 2015: EQ 588/TU 552/EX 570
Nov 2017: EQ 683/TU 660/EX 668 w/ 24% CC util reporting
Discover/Target/NFCU CLOC/NFCU Cash Rewards/PenFed Power Cash Rewards - $46k total revolving
Message 11 of 14
Valued Member

Re: NFCU secured card

Thats it! 

CH13. Filed 2010, Discharged 2014, All fell off APR 2017.
Current Scores (4/30/17): 799 Transunion, 822 Equifax, 792 Experian
Re-stablished with a $500 NFCU secured loan that funded a $500 NFCU secured CC .
Current: NFCU Rewards (20K), NFCU Signature Rewards (20K), NFCU CLOC ($15k),PENFED Travel Rewards AMEX (20k), PENFED Platinum Rewards (20k), BankAmericard Travel Rewards Visa (20K), BankAmericard Alaskan Air Signature (21k), Barclaycard (15K), Discover Card iT (12K)
Message 12 of 14
New Member

Re: NFCU secured card

How do I get a Secured Card? We don't have a NFCU near us.

Message 13 of 14
Community Leader
Senior Contributor

Re: NFCU secured card

You can apply for membership online as well as apply for the credit card.
Filed BK7: 7/2012 (start score EQ 560 / TU 529) Discharge 10/2012
730 EQ FICO 11/2017
750 TU FICO 11/2017
735 EX FICO 11/2017
$20k NFCU Platinum | $25k NFCU cashRewards Sig | $15k NavChek | $7.1k Cap1 Quicksilver | $10k Amazon Store | $19k Cap1 VentureOne | $16k Barclay Aviator | $5k Chase Freedom | $5k Chase Sapphire Preferred | $9k Costco Visa | $20k AMEX BCE
Message 14 of 14