topic Re: secured card reporting in Credit Cards

secured card reporting

from500to700 — Thu, 28 Mar 2013 03:07:57 GMT

Im rebuilding my credit and it is hard to get credit card but secured my question which secure credit card from a bank or cu no navy or penfed am not elligeble which cards report to all CRA and do they report them as secured I heard that sdfcu report as secured
Thank you very much

Re: secured card reporting

Anonymous — Thu, 28 Mar 2013 03:15:25 GMT

@from500to700 wrote:
Im rebuilding my credit and it is hard to get credit card but secured my question which secure credit card from a bank or cu no navy or penfed am not elligeble which cards report to all CRA and do they report them as secured I heard that sdfcu report as secured
Thank you very much

Based on your signature, you already have Applied Bank and Capital One with high limits.

Capital One secured reports to all 3 CB and it does not report as secured. Most major banks report as secured but do report to all 3 CB.

Just a comment, a 3rd secured card will help a little, but you need time more than anything. . .

Re: secured card reporting

Anonymous — Thu, 28 Mar 2013 03:18:01 GMT

I began rebuilding my credit about 20 months ago with the Capital One Platinum Secured Card and the Applied Bank Gold Secured Card.

They have both served me well and both report to all three credit bureaus.

They are both easy to manage online and they helped re-establish enough history, enabling me to acquire several more (unsecured) cards since then.

Re: secured card reporting

Anonymous — Thu, 28 Mar 2013 03:18:10 GMT

Hi there, I have a Capital 1 secured card and have read on this forum and also from CAP1 that the secured card reports as "unsecured" to all 3 CRA. I hope this helps

Re: secured card reporting

from500to700 — Thu, 28 Mar 2013 03:22:34 GMT

Superstar 3000 applied did not show on my equifax only ex and tu thats why I need third card to show 2 TL on equifax

Re: secured card reporting

HiLine — Thu, 28 Mar 2013 03:25:29 GMT

Most, if not all, secured cards report to all 3 CRA's. As for reporting as "secured" or not, you can refer to this thread: http://ficoforums.myfico.com/t5/Credit-Cards/What-secured-cards-do-not-report-as-quot-secured-quot/td-p/1755540