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Secured Cards

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tunseeker1
Regular Contributor

Secured Cards

I am helping a person to rebuild and I think the only product i can get them right now is a secured credit card.
I am looking for opinions on the different cards and if anyone got one from a local bank like US bank/BOA as opposed to the ones that come up on the searches for credit cards.
Message 1 of 4
3 REPLIES 3
Anonymous
Not applicable

Re: Secured Cards

BofA seems to consistantly graduate their secured  cards-
 
Message 2 of 4
llecs
Moderator Emeritus

Re: Secured Cards

I have Orchard and BofA. Orchard is good during the rebuilder phase of credit repair. It is a good rebuilder card but I don't think they will ever graduate. BofA is great too. It will typically graduate within a year's time and they are generous in CLIs post-graduation.
Message 3 of 4
cobra19
Valued Contributor

Re: Secured Cards

My sister is also rebuilding. First thing I did was contact her local credit union. She was in the upper 500's at the time, and they gave a 2k MC. Then I made her an AU on my 2 AMEX cards.
New York Yankees - 2009 World Series Champions. 27... and counting.....
Message 4 of 4
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