https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1750670#M487057 Ok what do you mean by statement is cut? Is that the date printed on the statement? Fri, 14 Dec 2012 13:59:42 GMT Anonymous 2012-12-14T13:59:42Z https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1749710#M486852 I have a car loan and a furniture loan on my CR along with a couple of medical baddies. Only equifax has enough info for a score and it is 560. I had a loan officier pull it. She advised me to get a secured CC. I went with cap 1. My first billing cycle is almost up. I have it at 9% now. I paid the annual fee as soon as i got and then made a small purchase. Does anyone have a guess what kind of point boost i may receive if i receive one at all? And when and how should i pay when i receive the bill?<BR />Thanks for any advice!<BR /> Thu, 13 Dec 2012 22:59:48 GMT https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1749710#M486852 Anonymous 2012-12-13T22:59:48Z https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1749772#M486873 <BLOCKQUOTE><HR />@Anonymous wrote:<BR />I have a car loan and a furniture loan on my CR along with a couple of medical baddies. Only equifax has enough info for a score and it is 560. I had a loan officier pull it. She advised me to get a secured CC. I went with cap 1. My first billing cycle is almost up. I have it at 9% now. I paid the annual fee as soon as i got and then made a small purchase. Does anyone have a guess what kind of point boost i may receive if i receive one at all? And when and how should i pay when i receive the bill?<BR />Thanks for any advice!<BR /><HR /></BLOCKQUOTE><P>You will get some kind of increase, only time will tell how much of an increase you get. You should always PIF before the statement cut.</P> Thu, 13 Dec 2012 23:37:01 GMT https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1749772#M486873 armbenderc 2012-12-13T23:37:01Z https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1749788#M486877 The baddies will affect the outcome of your score. I had a collection on my TU report but was able to get it disputed and it literally boosted my score by like 60 or so I forgot the exact number. But try to remove those off your report. Thu, 13 Dec 2012 23:46:38 GMT https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1749788#M486877 Tran92 2012-12-13T23:46:38Z https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1750666#M487056 Thanks Fri, 14 Dec 2012 13:57:20 GMT https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1750666#M487056 Anonymous 2012-12-14T13:57:20Z https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1750670#M487057 Ok what do you mean by statement is cut? Is that the date printed on the statement? Fri, 14 Dec 2012 13:59:42 GMT https://ficoforums.myfico.com/t5/Credit-Cards/seured-credit-card/m-p/1750670#M487057 Anonymous 2012-12-14T13:59:42Z