Established Contributor
sphinx313
Posts: 567
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: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


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