Credit Cards

[Tons_of_Debt]

After reading some of the posts here, I was worried I would be declined for the B of A secured, but I just saw the funds get swiped from my B of A savings acct. WOOHOO! Only a week or two and I should have the card!!! :-)

[robertkinder]

Great Job   It is not an automatic to get this card, and this card will grow with you so congratulations!!

[Tons_of_Debt]

Thanks! :-)  Just to make sure, I should let 9% come on the statement but pay before due date? If I pay before statement drops nothing will be reported to the CRAs right?

[FretlessMayhem]

Congrats! The BOA secured card is the best in the business.

[brownee]

Congrats! I got mine a few weeks ago and was so excited to get it!

[robertkinder]

Tons of Debt, I always try to pay before the statement date, because I believe that most will send the updates to the CRA's after the statement date.  There are always exception to that rule however. 

[Tons_of_Debt]

I'm confused... I thought the 1-9% means that you need to have utilized 1-9% of the card when you get your statement... i.e. your paper statement will show that you've used 1-9%.

I thought if you pay before it drops the paper statement will report $0 and thus the card will not be reported to the CRAs...

[Creditaddict]

correct, 1-9% on statement

[casinoannie97]

they pull hard for this right?  Who do they pull from?

[robertkinder]

They do pull hard and they pulled EX on me.