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Moderator Emeritus
cheddar
Posts: 6,794
Registered: ‎09-29-2007

Re: BOA Secured Card Question



jburdette321 wrote:
Ok
Have a question on these cards
 
I have the 99/500 card and my partner has the fully secured card.. His reports as secured.. Is this a good or bad thing.. Not sure how mine reports



Yours most likely reports as secured as well.  As mjbfan posted above, the secured designation has no effect on FICO scoring.
 
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Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008

Re: BOA Secured Card Question



cheddar wrote:

Yours most likely reports as secured as well.  As mjbfan posted above, the secured designation has no effect on FICO scoring.

 
Hey cheddar i just checked my experian CC an the card is already reporting it's not saying Secured all it says is BANK OF AMERICA not that it makes a difference.


Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
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Valued Contributor
mjbfan79
Posts: 1,998
Registered: ‎03-31-2008

Re: BOA Secured Card Question

I take that back it reports as secured.

Starting Score 3-31-08: EQ 582 TU 577 EX 625
Current Score 3-19-10: EQ 703 TU 712 EX No Clue
Goal Score: 800 By January Of 2012


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