Posts: 29
Registered: ‎03-30-2013

capital one secured card

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.
Posts: 24,395
Registered: ‎09-13-2012

Re: capital one secured card

Posts: 29
Registered: ‎03-30-2013

Re: capital one secured card

Thanks Lexie
Frequent Contributor
Posts: 306
Registered: ‎01-12-2011

Re: capital one secured card

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

Starting Score: EQ 515 TU 490 EXfaco 510
Current Score: EQ 660 TU 665 EXplus 661
Goal Score: 700

Take the FICO Fitness Challenge
Valued Contributor
Posts: 3,406
Registered: ‎12-19-2012

Re: capital one secured card

Congrats!!! That's wonderful! :smileyvery-happy: Your score will definitely go up.
Cards: Orchard Bank ($1100) | Cap1 Cash Rewards ($2500) | Chase Freedom ($1000) | Best Buy ($2500) | Discover It ($1000) | Barclay Rewards ($2500) | Current scores: EX FAKO: 684, CK TU: 649, FICO EQ: 680, FICO TU: 698, FICO EX: 658 Happy Homeowner Since 2/6/13! :smileyhappy: Last App: 4/5/13 Gardening until July 2014
New Member
Posts: 1
Registered: ‎05-15-2013

Re: capital one secured card


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+