Should I get a Secured Credit card?

[Lasardo]

For me, personnaly, the 34 points were form April to October last year but I did not have any creditso this have me big boost and remember YMMV,it all depends on what you need exactly to boost your scores..
You can go with 1-5k for 1-5 yrs so yes, you can select 1 year..this is, of course, what BMO Harris does, another bank/credit union may have a different program. Did you get a chance to look it up yet?

[patthefall]

I got tricked into buying a watch a while back... the lady said it would help build my credit, it looked really nice and I had alot of money and nothing to spend it on so I bought it. I kinda regret

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@Jutz wrote:
As far as the rebuilder loan goes, it's very much dependent on your file. It looks like you have a thin file, with lack of credit mix. Adding an installment might give you a good handful of points because it addresses one of that major flaws in your report. Or because everything is so recent on your file, it may not make a big difference right away, but slowly build. Very difficult to say for sure.

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it because it's not worth as much as I'm paying for it. But oh well.. my contract is to pay $88 for 15 months and I'm done with it in 2 months. That came up on my TransUnion report as a loan. So I guess that counts as a little credit mix.. but yes I do have a thin file.

[patthefall]

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@Lasardo wrote:
For me, personnaly, the 34 points were form April to October last year but I did not have any creditso this have me big boost and remember YMMV,it all depends on what you need exactly to boost your scores..
You can go with 1-5k for 1-5 yrs so yes, you can select 1 year..this is, of course, what BMO Harris does, another bank/credit union may have a different program. Did you get a chance to look it up yet?

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Oh ok I see. Yeah I looked it up. So basically you get a CD, then get a loan for the same amount, pay back the loan, and once you're done paying off the loan you take out your money from the CD? ( not early of course but you would time them accordingly )

[legacys7]

how can i remove myself from this particular thread?

[guiness56]

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@legacys7 wrote:

how can i remove myself from this particular thread?

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The only thing you can do is go back and delete the content of your post.

[Lasardo]

Exactly.
After you have paid the loan you receive the funds plus interest. They report that you are making on-time consecutive payments thus building your credit, additionally, it is listed as a installment loan thus giving you a healthy credit mix.
Let me know what you decide to do!
You can private message me.
T/c and good luck📢