First cc (secured) but still I'm ready to go for it ...and with all the inside scoop I have learned from here i think I should do good...wish me luck! ......
Congratulations on your Cap 1 cc !!
while I'm here my ban representative (charter one) talk to me bout opening a loan cd or something like that were I put 1,000 and they lend me 1,000 over a course of 6 to 12 months I earn some interest on my money if I keep up with he monthly payments and it reports to the credit Bureus ..and they can offer cc at the end of the 12 month period or so?
So, you are saying your bank rep made some suggestion to you. And your question is you should go for it or not. Am I right?
Is it Certificate of Deposit? Is it personal loan?
Maybe is like a secure loan?!
If you are not sure, you should ask them about the details of loan, and post it at here to get some opinions from our members.
That loan idea sounds pretty cool. But what kind of account would it be? A trade line that will appear on your CR? Or a CD deposit account? If it will be a CD then I say go for it if you are interested.