Credit Card Center Advertiser Disclosure†
02-09-2009 05:10 PM
General consesus of the board tells me to go wtih BOA secured
So today I opened a BOA checking account and Friday I am going to close my TD bank account because they do not offer secured cards
I have a chargeoff and 5 collections from 2004
In the past 4 months I have opened a First Premier card as well as Crown Jewlers and my score has jumped from around 500 to now around 600 (590-610)
My question is will BOA approve me for a secured card with a FICO around 600? Is it easy to get?
02-09-2009 05:12 PM
02-09-2009 05:23 PM
Once I get the BOA secured I am done
I will let my 3 TL's re-establish my credit and hopefully show the big boys that I am now credit worthy.
With all my baddies from 2004 I am so shocked that the 2 TL's (when I get BOA it will be 3) I currently have jumped my score that much...
02-10-2009 05:35 AM
I was approved for a standard BoA secured card that opened last March (2008). My scores were all rather low (high 400s to low 500s) but I had banked with them for a while and my accounts had been in good standing for over 6 months. I had several charge offs, 4 collections, and one account (maybe 2 if my CJ account had hit yet) in good standing.
I got the plain secured card, with a $300 limit - and after calling last week it was graduated and CLI'd to $800
Good luck to you, I think you'll get it, but ya never know.
02-10-2009 03:43 PM
02-10-2009 04:01 PM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.