cancel
Showing results for 
Search instead for 
Did you mean: 

building up your credit

tag
CJIII29
Regular Contributor

building up your credit

I have a Captial One Secured Mastercard $200 limit I pay have $86 on my bill I have $113 credit limit left, I will pay the $86 off next months, I got the Captial One Card in November. I am wondering should I add the Bank of America Secured Credit Card to thicken my score? I plan getting a $1000 secure loan from my credit union.

Chase Slate Credit Card $1500 credit limit Best Buy Credit
Card $2000 credit limit Amazon Store Card $2100 credit limit .

My Fico scores: Experian 710, Equifax, 702, Transunion 716.
Message 1 of 5
4 REPLIES 4
credit-hunter
Frequent Contributor

Re: building up your credit

Hi welcome to the forum a second card and the secured loan is a great start I have both. And boa is a good choice  u can request 1,2,3 rewards with that card it graduates after 12 months of (on time payments)

Message 2 of 5
myjourney
Super Contributor

Re: building up your credit


@CJIII29 wrote:

I have a Captial One Secured Mastercard $200 limit I pay have $86 on my bill I have $113 credit limit left, I will pay the $86 off next months, I got the Captial One Card in November. I am wondering should I add the Bank of America Secured Credit Card to thicken my score? I plan getting a $1000 secure loan from my credit union.


If you can afford another HP the BofA card is a good deal and will graduate over time

Try and keep UTL down <9% right now your over 40% ($86) 

Get the secured loan and garden for 6-12 months and you'll be in a much better picture/profile

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?
Message 3 of 5
CJIII29
Regular Contributor

Re: building up your credit

Trying to get enough credit to get a truck.

Chase Slate Credit Card $1500 credit limit Best Buy Credit
Card $2000 credit limit Amazon Store Card $2100 credit limit .

My Fico scores: Experian 710, Equifax, 702, Transunion 716.
Message 4 of 5
CJIII29
Regular Contributor

Re: building up your credit

Ya I put to much on the captial one secured card, I wont do that agian.

Chase Slate Credit Card $1500 credit limit Best Buy Credit
Card $2000 credit limit Amazon Store Card $2100 credit limit .

My Fico scores: Experian 710, Equifax, 702, Transunion 716.
Message 5 of 5
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.