capital one secured card

[fwilliams5]

This is the happiest I've ever been to receive a secured credit card. I was approved for 200.00. I havent had a credit card in years. Do u think this secured card will raise my score? I have a mortgage, auto loan and installment loans. Credit score 543 EQ.

Also can you'll provide me with some rules to credit card management? Do's and dont's.

[09Lexie]

Congrats on your approval. Here's the link that you should read

http://ficoforums.myfico.com/t5/General-Credit-Topics/Frequently-Requested-Threads/td-p/10675

Good luck!

[fwilliams5]

Thanks Lexie

[xlr8d]

Yes it should help you score out..just make sure you report a low balance every month then PIF to maximize your score and not pay fees

[MovingForward_2012]

Congrats!!! That's wonderful! Your score will definitely go up.