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Contributor
New2score
Posts: 129
Registered: ‎03-24-2011

My cap1 arrived!

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! ......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?

My Wallet:

Amex Zync - NPSL
Capital one - Secured $600 (soon to be axed)
Discover More - $1000

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Contributor
New2score
Posts: 129
Registered: ‎03-24-2011

Re: My cap1 arrived!

Should I go for it or not since I just got my cc? To have different things reporting on my score?
My Wallet:

Amex Zync - NPSL
Capital one - Secured $600 (soon to be axed)
Discover More - $1000

Take the FICO Fitness Challenge
New Contributor
ptkdude
Posts: 64
Registered: ‎03-25-2011

Re: My cap1 arrived!

Got my Cap1 Secured on Saturday, so we're Cap1 buddies!


Starting Score: 660 Jan 2012
Current Score: 693
Goal Score: 700


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Contributor
New2score
Posts: 129
Registered: ‎03-24-2011

Re: My cap1 arrived!

Haha CAP1 BUDDIES!!
My Wallet:

Amex Zync - NPSL
Capital one - Secured $600 (soon to be axed)
Discover More - $1000

Take the FICO Fitness Challenge
Valued Contributor
bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008

Re: My cap1 arrived!

[ Edited ]

New2score wrote:
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 !!


New2score wrote:
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?    

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It's very tough with small income ~ The Rewards are big little helper to me.
Contributor
New2score
Posts: 129
Registered: ‎03-24-2011

Re: My cap1 arrived!

Yes if I should go for it ...and I can't recall but it did include ME giving (minimum) 1,000 AND they were gonna give me a LOAN for that amount I'm going to check it out on Wednesday my day off. But yea my question is if I should go for it or is it too soon? I mean Im going to use the same money they give me to pay the loan off.
My Wallet:

Amex Zync - NPSL
Capital one - Secured $600 (soon to be axed)
Discover More - $1000

Take the FICO Fitness Challenge
Contributor
New2score
Posts: 129
Registered: ‎03-24-2011

Re: My cap1 arrived!

Maybe is like a secure loan?!
My Wallet:

Amex Zync - NPSL
Capital one - Secured $600 (soon to be axed)
Discover More - $1000

Take the FICO Fitness Challenge
Valued Contributor
bunnyrabbit
Posts: 1,413
Registered: ‎01-20-2008

Re: My cap1 arrived!


New2score wrote:
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.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
It's very tough with small income ~ The Rewards are big little helper to me.
Contributor
New2score
Posts: 129
Registered: ‎03-24-2011

Re: My cap1 arrived!

Yea cool ...I'll get back to guys on wednesday. Thanx
My Wallet:

Amex Zync - NPSL
Capital one - Secured $600 (soon to be axed)
Discover More - $1000

Take the FICO Fitness Challenge
New Contributor
ocboy949
Posts: 163
Registered: ‎03-04-2010

Re: My cap1 arrived!

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.

TU FICO - 752 (8/12/11)
EX PLUS - 721 (8/9/11)
EQ FICO - 648 (2010)

(21 years old)

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