09-20-2008 03:55 PM
09-20-2008 04:50 PM
cartercorp wrote:WOW 7 bucks each month for what? is that just a service fee? or just free money for them?
09-20-2008 05:22 PM
09-20-2008 10:41 PM
09-23-2008 03:11 AM
09-23-2008 06:38 AM
09-23-2008 08:50 AM
Unfortunately some people get turned down for secured cards. Sometimes FP and the like are the only way to start rebuilding. They are the only options for some people.
jaybird201 wrote:I never understood why people don't just get secured credit cards like when they first got credit. Just didn't make any sense to me!
09-23-2008 09:17 AM
I chose fp b/c literally no one else would give me a cc- and rightfully so based on my past history. Some banks will deny you for public records- EVEN for secured ccs- ex., wells fargo, bank of America, possibly Citibank, penfed, etc. to this day, there are certain ccs that i CANNOT get simply b/c of a public record (tax lien), even though it's in dispute and even though it's from 2003.
after racking up a # of inquiries which only led to denials, I went w/first premier b/c to rebuild I HAD to get A cc. it did its job and led to other ccs- orchard (to be closed early 09), cap 1 (now up to 1.1k cl), ba 99/500 (can’t wait for it to unsecure), target red, and hooters. Ficos went from ridiculously low (as in, I doubt they were even in the 400s and if they were, it was a miracle) in early 07 to nearly 700. so yes, fp fees sucked, but it did its job.
Btw, you CAN pay your bill online w/o paying a fee- simply do it through your bank billpay and NO fee is charged.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO