Regular Contributor
rm3
Posts: 153
Registered: ‎03-02-2012
Unsecured and Secured to rebuild???

‎10-08-2012 03:30 PM

Would it be counterproductive to have an unsecured and secured card reporting while trying to rebuild? I currently have two low limit cards ($300CL each) and just got approved for NFCU nrewards unsecured visa (1000CL). I want to open the secured nrewards to add another card that I could make CL increases to until  the CL is 5000, if that makes any sense. Any suggestions/advice?

Starting Fico: 536 (3/12)--Current Fico: 647 (4/13)--TU Fico: 687 (4/13)--EX Fico: 617 (4/13)
         
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Established Contributor
madmann26
Posts: 993
Registered: ‎08-30-2012
Re: Unsecured and Secured to rebuild???

‎10-08-2012 04:11 PM

It will be to your advantage.
Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 649 EQ 658 FICO 5/13/2013
What's in my wallet? Cap1 PLAT AU $750; Cap1 Cash AU $1500; NFCU Siggy $10000; $500 WalMart SC
Goal Score: 700 across the board.
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Regular Contributor
doc101
Posts: 114
Registered: ‎11-27-2011
Re: Unsecured and Secured to rebuild???

‎10-08-2012 04:18 PM

How were you able to get the card from NFCU?

Starting Score: 543
Current Score: 612
Goal Score: 650

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Regular Contributor
rm3
Posts: 153
Registered: ‎03-02-2012
Re: Unsecured and Secured to rebuild???

‎10-08-2012 04:45 PM

@doc101  My Grandfather is retired Army. I became a member and applied for n-rewards visa same day. They pulled EQ and TU. Got approval text message to my phone this morning. Expected denial because my util is high and I have 5-6 baddies but only 3-4 inquiries and six months paid on time for the two cap1 cards may have helped.

Starting Fico: 536 (3/12)--Current Fico: 647 (4/13)--TU Fico: 687 (4/13)--EX Fico: 617 (4/13)
         
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Regular Contributor
doc101
Posts: 114
Registered: ‎11-27-2011
Re: Unsecured and Secured to rebuild???

‎10-08-2012 05:40 PM

I have 2 uncles retired from the Army, maybe this is my cue to join. Do I need any info from them to join?

Starting Score: 543
Current Score: 612
Goal Score: 650

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Regular Contributor
rm3
Posts: 153
Registered: ‎03-02-2012
Re: Unsecured and Secured to rebuild???

‎10-08-2012 05:44 PM

I needed no info but what branch my grandfather retired from. not even his name or rank was asked.

Starting Fico: 536 (3/12)--Current Fico: 647 (4/13)--TU Fico: 687 (4/13)--EX Fico: 617 (4/13)
         
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Established Member
yarbles
Posts: 18
Registered: ‎10-07-2012
Re: Unsecured and Secured to rebuild???

‎10-08-2012 06:06 PM

What is NFCU if you don't mind?

Starting EX : 578 EQ : ??? TU: ???
Current: EX : 630 EQ : 639 TU: 684
Goal: 700 to start
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Shogun
Posts: 7,372
Registered: ‎04-15-2011
Re: Unsecured and Secured to rebuild???

‎10-08-2012 06:08 PM

Not a problem at all, you want those positve TLs.

Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
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Member
todo02
Posts: 5
Registered: ‎07-15-2007
Re: Unsecured and Secured to rebuild???

‎10-09-2012 07:37 AM

Navy Federal Credit Union

Starting Score: EQ 489 TU 513 9/27/12
Current Score: EQ 489 TU 513 9/27/12
Goal Score: 700

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