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Secured Card Limit Suggestion

Valued Member

Secured Card Limit Suggestion

I'm on my way over to my local credit union to setup my secured VISA.  How much of a limit should I setup for myself? 

 

I got cash, just no CC (and no debt) and my scores are in the tank (working on that in the other forums).  Smiley Happy

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Moderator Emerita

Re: Secured Card Limit Suggestion

If you have $1000 or more, I'd ask for that. It looks better on your reports, and it's a whole lot easier to control your util than with a lower-limit card.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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