NFCU secured card

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

I agree with this-it's how I re-started.  Did the $500 secured loan to fund the $500 secured card.  Two reporting lines of credit and it payed off in spades.  Good luck to you! 

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I just want to make sure I understand how the secured loan funded secured card exactly? 

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put $500 in savings

open $500 secured loan

bank gives you $500 loan check

deposit $500 loan check

use that $500 to fund secured CC

[Anonymous]

Thats it! 

[Anonymous]

How do I get a Secured Card? We don't have a NFCU near us.

[Scupra]

You can apply for membership online as well as apply for the credit card.