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Secured credit card reported as unsecured

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Raziel77
Regular Contributor

Secured credit card reported as unsecured

I heard that Capitol One report the secured credit card as a unsecured one to the 3 credit bureaus, who else do that?
TU: 738
EQ: 721
EX: 732 Plus score
Message 1 of 8
7 REPLIES 7
llecs
Moderator Emeritus

Re: Secured credit card reported as unsecured

I'm not sure who else does that, but I do know that a "secured" reference doesn't hurt your score or hurt any chances under a manual review.
Message 2 of 8
Anonymous
Not applicable

Re: Secured credit card reported as unsecured

My secured Orchard card does not report as a secured card.  Of course maybe thats because they will never unsecure it. LOL
Message 3 of 8
Raziel77
Regular Contributor

Re: Secured credit card reported as unsecured

Thank you Pappy214
I will try to apply on one of theirs...
llecs, thank you but it's better to caution, I read somewhere that secured cards have some bad influence
 
 
 
any other secured card that is reported as unsecured?
Thank you all
TU: 738
EQ: 721
EX: 732 Plus score
Message 4 of 8
Creditaddict
Legendary Contributor

Re: Secured credit card reported as unsecured

I would be more concerned about being stuck with a card that won't unsecure and grow with me over rather it reports "secured" on credit!
Message 5 of 8
Anonymous
Not applicable

Re: Secured credit card reported as unsecured

I did not know Capital One offered a secured card. When did they start?
Message 6 of 8
Raziel77
Regular Contributor

Re: Secured credit card reported as unsecured

and you can see they say it will be reported unsecured
so please could you give me more secured cards that will be reported as unsecured
TU: 738
EQ: 721
EX: 732 Plus score
Message 7 of 8
Anonymous
Not applicable

Re: Secured credit card reported as unsecured

i am fairly sure they discontinued this card, if you look at the reviews, the newest one is 7 years old
Message 8 of 8
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