topic Re: Secured card Merrick in Credit Cards

Secured card Merrick

Anonymous — Sat, 19 Dec 2015 14:26:31 GMT

Hello

this is my first post. Like all of you I am working hard to improve my score/report. My Husband died last minth after almost 2 years of battling Cancer. He was unable to work the last year of his life. We were renters the past three years. Im looking to purchase a small home in near future. I recently paid of a Parent Plus loan of over 20,000.00 and also paid off 5 medical collections with a letter of promise to delete. I did this because i will be taking on a mortgage myself and so seeing that i wint have a dual incime i wanted to lower my debt to incime ratio. I need a credit card. Right now my scores range from 571 to 623. These scores do not yet relect the paid Parent Plis loan nor the credit collections that are supposedly going to be deleted. I have only 5 payments left on my auto and 75.00 a month on another student loan with a balance of 2,600.00

i need a credit card and am willing to do a secured with a deposit of at least $1,000.00. I need to know which cards report to all 3 bureaus and will take my scores

thank you

Re: Secured card Merrick

schsa210 — Sat, 19 Dec 2015 15:01:14 GMT

I am sorry for your loss and I lost my sister-in-law to breast cancer not too long ago.

Have you checked the pre-qualifier on Capital One yet? If not, please do that.

Re: Secured card Merrick

Anonymous — Sat, 19 Dec 2015 15:09:31 GMT

Are you able to get in with Navy Federal or even USAA?

Re: Secured card Merrick

Anonymous — Sat, 19 Dec 2015 17:29:52 GMT

Pre qualifier ?

Re: Secured card Merrick

Anonymous — Sat, 19 Dec 2015 17:31:34 GMT

No military for either my late husband or for myself.

Re: Secured card Merrick

schsa210 — Sat, 19 Dec 2015 17:35:59 GMT

Capital One's prequalifier. Go to Capital One's website, click on the "credit card" tab, scroll all the way down, click on "Find Out In 60 Seconds". Enter your info, and it checks for any prequalified offers from Cap One without doing a hard pull on your credit report. And if you do qualify for any cards, it will let you know, but once you do apply, it will result in a hard pull.

Re: Secured card Merrick

Anonymous — Sun, 20 Dec 2015 00:29:30 GMT

Welcome to the forums, triton, and I am sorry for the loss of your husband.

Reagrding secured cards, Citi has a secured card program in additional to the Capital One secured card program mentioned, and some members seem to have had success with it. Scores may be an issue.Try Capital One first and see how that goes. Best of luck moving forward, you are doing the right things.

Re: Secured card Merrick

padme — Sun, 20 Dec 2015 01:08:25 GMT

I too, had a Merrick SC for 12 months, they never Unsecured it so i closed it.. i only had $200 though. It helped me jump thru hurdles i had after BK 2 years ago or so.

Re: Secured card Merrick

Anonymous — Sun, 20 Dec 2015 01:32:36 GMT

Also, if you type "secured cards" into the search box at the top of this page, you should find adiitional suggestions from forum members. Hope this helps.

Re: Secured card Merrick

Anonymous — Sun, 20 Dec 2015 10:56:11 GMT

Thank you

Re: Secured card Merrick

Anonymous — Sun, 20 Dec 2015 10:58:24 GMT

I did do that ! Lots of info but not much on what scores etc people had when they got approved. I am fearful of a HP that results in a denial

Re: Secured card Merrick

Anonymous — Mon, 21 Dec 2015 01:07:43 GMT

As a new immigrant I started off with a secured Merrick Visa for almost a year. Put $500 on it, hit it a couple of times a month for coffee, and paid it off well in advance every month. After about six months the offers started to roll up in the mail, and I closed the Merrick shortly before I'd had it a year.

I have nothing bad to say about them.