Established Contributor
Posts: 573
Registered: ‎02-12-2011
Re: Secured Loan

Possibly....or maybe a 70/30 split. Increasing your secured card credit limit would increase your available credit and decrease your utilization. The installment account (secured loan) will add a necessary account to your credit portfolio while you're in the growth stages.

Starting Score: EQ: 383 2/2011
Current Score: TU: 644 EQ: 648 EX: 6?? 2/2015
Goal Score: 700

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