@LilloEsquilo wrote:Soulmaster that may not be legal advice but it's REALLY good advice I must say. Thanks for posting that.
Surprisingly, even though we file 20-30 BK/mo, our attorneys give that advice (actual/real legal advice) to our potential clients all the time. I suppose I understand that the "BK only" firms are just trying to make some coin, but I'll tell ya... In most cases "file BK" is REALLY bad advice. Granted, filing a BK is much easier from the law-firm's perspective, but I'm glad the guys I work for under stand the difference between right and $.
-SM
Starting Score: ~470 preBK(8/2010)
@rootpooty wrote:
I have to agree with this. First Premier really isn't that bad my apr is 19.99 which isn't terrible but I PIF every month anyways. OP like you I was denied for cap one secured so then I got with first premier then about a week later I applied with cap one again and was approved. However I didn't go with cap one due to the fact that a secured card never graduates. Im going to reply on your bank of america post right now
Really the worst of FP comes out after the 1st year. The main purpose of getting a FP card is to use it and PIF for 1 year then AXE. NO REAL REASON TO KEEP THEM LONG HAUL!!! 
Thanks everybody for the replies. I think after all is said and done, I may just go with NFCU and/or PNC....I actually just wanted a card that I could get on my reports as a postive TL asap since I have low scores and am about to go to a very subprime auto dealer for a car that I need for transportation. Some of these have lower min deposits...which is why I was interested, but I think i'm just rushing things.
Thanks for BK advice too...definitely going to be working on settling..even if i can't get everything deleted....just want to start seeing some improvement.
@Chrisla2077 wrote:Thanks everybody for the replies. I think after all is said and done, I may just go with NFCU and/or PNC....I actually just wanted a card that I could get on my reports as a postive TL asap since I have low scores and am about to go to a very subprime auto dealer for a car that I need for transportation. Some of these have lower min deposits...which is why I was interested, but I think i'm just rushing things.
Thanks for BK advice too...definitely going to be working on settling..even if i can't get everything deleted....just want to start seeing some improvement.
Just make certain your very subprime auto dealer has a loan for you that actually reports to the bureaus.
Sneak off to the bathroom with your cellphone and call the lender's CS department if you have to: if you're serious about improving your score, taking a loan that doesn't report is wasting time, and nearly unarguably money as well. I don't know your history or your expectations, but in today's society it's probably worth sacrificing a few extra points on an APR to get a lender that reports vs. one that does not in terms of saving you money over the 1+ year time horizon.
Definitely agree with you, the car is just a necessity and most of the subprime lenders like Santander won't even approve me, so unfortunatelyeven if they don't report. I'm working on getting some Secured cards (at least 2) to help my positive TLs
Out of curiosity though..does anyone know what the recon or backdoor number for this card is?