topic Re: PSECU secured card looks excellent.. in Credit Cards

PSECU secured card looks excellent..

curt62 — Tue, 07 Nov 2023 19:49:44 GMT

I noticed that PSECU secured card now only requires 25% deposit and has the potential to graduate. Credit lines from $200 to $2500.....$200 deposit gets a cl of $200 to $800. No AF.

Looks like a great option for someone who can join and build or rebuild their credit.

Re: PSECU secured card looks excellent..

FireMedic1 — Tue, 07 Nov 2023 23:42:17 GMT

@curt62 welcome. You can edit your post. Top three dots right top of your post drop down box. Sure you meant $25 not %. Thanks for the data.

Re: PSECU secured card looks excellent..

MichaelMyer — Fri, 10 Nov 2023 17:00:02 GMT

Just checked out their FAQ's. This is a lot to go through for a secured card 🙄:

"I have poor or no credit. How will I qualify?"

Applicants with poor or no credit history may be approved if they can prove their ability to repay through income verification. If they can’t prove their ability to repay, they can reapply with a co-applicant who must prove their ability to repay

"Will you do a hard pull/inquiry of credit when I apply for the card?"

Yes, but factors other than credit score will be considered for card approval, such as debt-to-income ratio, ability to repay, and other criteria.