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Regular Contributor
CJIII29
Posts: 154
Registered: ‎12-15-2013
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Got me a $1000 shared secured loan my local credit union!

Thinking about getting a second secured credit card to ticken my file and be done and wait 6 to 7 months to see where my score is.

Capital One Secured Credit Card $600 credit limit Best Buy Credit
Card $2000 credit limit My Fico scores: Experian 710, Equifax, 702, Transunion 716
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Revelate
Posts: 9,735
Registered: ‎12-30-2011
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Re: Got me a $1000 shared secured loan my local credit union!


CJIII29 wrote:

Thinking about getting a second secured credit card to ticken my file and be done and wait 6 to 7 months to see where my score is.


I would if you only have the 1 card: cards 1+2 and installment loans 1+2 were straight positives for me when they reported when my file was thin (albeit with derogs).

 

Also will build payment history faster, though there's diminishing returns there admittedly.

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
Goal Score: 700 on EQ '04 (01/01/15)


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Regular Contributor
CJIII29
Posts: 154
Registered: ‎12-15-2013
0

Re: Got me a $1000 shared secured loan my local credit union!

Ok, I trying to work my way to getting a truck for $8000 or $10,000 in 6 months.

Capital One Secured Credit Card $600 credit limit Best Buy Credit
Card $2000 credit limit My Fico scores: Experian 710, Equifax, 702, Transunion 716
Valued Contributor
bigblue7722
Posts: 1,278
Registered: ‎05-17-2013
0

Re: Got me a $1000 shared secured loan my local credit union!

Try and see if the CU can use the same hard pull for a secured credit card. I know mine does basically i get one hp and its good for 30 days for almost any loan or credit card

TU08 Fico Score (689)-Goal Score-(750)
AMEX PRG NPSL,Us Airways mastercard $7500, CSP $6000, AMEX BCE $5000, Chase Marriott $5000,Chase Hyatt $5000, Capital One Quicksliver $3500,Chase Freedom $3200, Discover it $3000,Paypal smart connect $3000, Sallie Mae Mastercard $2900

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