Well so far my hardwork is paying off. I have had my WF secured card for 1 year this past October and yesterday I got the letter saying they will refund and graduate me to a unsecured card in the next 45 days!! Super pumped. Now lets hope my US bank will do the same thing in about a year. I have only had that card for 2 months.
Anyone that has gone through this process, care to explain it to me? Does it really take 45 days? Do they give you the same limit that you had with your deposit? Like my card has a limit of 1000 will the unsecured be higher or lower?
If its lower, can I keep the secured card open?
Thanks!!
Congrats on your progress!
Starting Score: EQ 717 EX 724 TU 736
Great News, keep up the good work
Congrats!!!!!!
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.