Is LOC different from the Credit line you get when opening a new CC?

[EdwardMH]

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@Anonymous wrote:

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@EdwardMH wrote:

I am putting $950 a month into a seperate savings account for a Emergency fund I thought a Secured card attatched to it would be a easy way to manage my emergency fund.

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@EdwardMH,

If you are putting that much away every month in a savings account, what you need attached to it is a debit card.  You should be able to get one with your savings linked to it.  A secured card is a credit card that you have to put money upfront to qualify for.  That been said, you are doing fine and have your brain cells remove that secure card thought from your head.

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I CAN be taught 

[Anonymous]

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@EdwardMH wrote:

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@Anonymous wrote:

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@EdwardMH wrote:

I am putting $950 a month into a seperate savings account for a Emergency fund I thought a Secured card attatched to it would be a easy way to manage my emergency fund.

---

@EdwardMH,

If you are putting that much away every month in a savings account, what you need attached to it is a debit card.  You should be able to get one with your savings linked to it.  A secured card is a credit card that you have to put money upfront to qualify for.  That been said, you are doing fine and have your brain cells remove that secure card thought from your head.

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I CAN be taught 

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Don't be embarrased.  We all have to learn  That been said, you are doing well and your scores are not bad.  What other credit cards do you want?

[Anonymous]

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@EdwardMH wrote:

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@Anonymous wrote:

---

@EdwardMH wrote:

I am putting $950 a month into a seperate savings account for a Emergency fund I thought a Secured card attatched to it would be a easy way to manage my emergency fund.

---

@EdwardMH,

If you are putting that much away every month in a savings account, what you need attached to it is a debit card.  You should be able to get one with your savings linked to it.  A secured card is a credit card that you have to put money upfront to qualify for.  That been said, you are doing fine and have your brain cells remove that secure card thought from your head.

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I CAN be taught 

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It's all good.  That's why we are here.  To help so you learn on the fly

[Anonymous]

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@Anonymous wrote:

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@EdwardMH wrote:

---

@Anonymous wrote:

---

@EdwardMH wrote:

I am putting $950 a month into a seperate savings account for a Emergency fund I thought a Secured card attatched to it would be a easy way to manage my emergency fund.

---

@EdwardMH,

If you are putting that much away every month in a savings account, what you need attached to it is a debit card.  You should be able to get one with your savings linked to it.  A secured card is a credit card that you have to put money upfront to qualify for.  That been said, you are doing fine and have your brain cells remove that secure card thought from your head.

---

I CAN be taught 

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Don't be embarrased.  We all have to learn  That been said, you are doing well and your scores are bad.  What other credit cards do you want?

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I think you meant 'scores aren't bad'

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

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@EdwardMH wrote:

---

@Anonymous wrote:

---

@EdwardMH wrote:

I am putting $950 a month into a seperate savings account for a Emergency fund I thought a Secured card attatched to it would be a easy way to manage my emergency fund.

---

@EdwardMH,

If you are putting that much away every month in a savings account, what you need attached to it is a debit card.  You should be able to get one with your savings linked to it.  A secured card is a credit card that you have to put money upfront to qualify for.  That been said, you are doing fine and have your brain cells remove that secure card thought from your head.

---

I CAN be taught 

---

Don't be embarrased.  We all have to learn  That been said, you are doing well and your scores are bad.  What other credit cards do you want?

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I think you meant 'scores aren't bad'

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Yesssssssss.. LOL.  I need some tea

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

---

@Anonymous wrote:

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@EdwardMH wrote:

---

@Anonymous wrote:

---

@EdwardMH wrote:

I am putting $950 a month into a seperate savings account for a Emergency fund I thought a Secured card attatched to it would be a easy way to manage my emergency fund.

---

@EdwardMH,

If you are putting that much away every month in a savings account, what you need attached to it is a debit card.  You should be able to get one with your savings linked to it.  A secured card is a credit card that you have to put money upfront to qualify for.  That been said, you are doing fine and have your brain cells remove that secure card thought from your head.

---

I CAN be taught 

---

Don't be embarrased.  We all have to learn  That been said, you are doing well and your scores are bad.  What other credit cards do you want?

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I think you meant 'scores aren't bad'

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Yesssssssss.. LOL.  I need some tea

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Only you would say 'tea'.  We need to get you into American football and coffee.  It's not too late for you to be saved.

[Anonymous]

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@Anonymous wrote:

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@Anonymous wrote:

---

@Anonymous wrote:

---

@Anonymous wrote:

---

@EdwardMH wrote:

---

@Anonymous wrote:

---

@EdwardMH wrote:

I am putting $950 a month into a seperate savings account for a Emergency fund I thought a Secured card attatched to it would be a easy way to manage my emergency fund.

---

@EdwardMH,

If you are putting that much away every month in a savings account, what you need attached to it is a debit card.  You should be able to get one with your savings linked to it.  A secured card is a credit card that you have to put money upfront to qualify for.  That been said, you are doing fine and have your brain cells remove that secure card thought from your head.

---

I CAN be taught 

---

Don't be embarrased.  We all have to learn  That been said, you are doing well and your scores are bad.  What other credit cards do you want?

---

I think you meant 'scores aren't bad'

---

Yesssssssss.. LOL.  I need some tea

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Only you would say 'tea'.  We need to get you into American football and coffee.  It's not too late for you to be saved.

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Ha..ha..ha.. I know.. Trying my best

[EdwardMH]

Not true Irish I am sitting here with my Tea as well thank you very much! LOL As far as what credit cards I "WANT" No clue. Most of my money spending goes toward Food, and Astronomy equipment, Hotels on the rare times I travel. Was trying to decide between buying my first home or a RV LOL Just think I will get a VA loan easier than a Recreational vehicle loan.

[Anonymous]

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@EdwardMH wrote:

Not true Irish I am sitting here with my Tea as well thank you very much! LOL As far as what credit cards I "WANT" No clue. Most of my money spending goes toward Food, and Astronomy equipment, Hotels on the rare times I travel. Was trying to decide between buying my first home or a RV LOL Just think I will get a VA loan easier than a Recreational vehicle loan.

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So are your only cards the NFCU and Best buy I see in your signature?  Also, is your report clean if you don't mind me asking?  By clean I mean no baddies like charge offs, bankruptsy, collections etc...

[EdwardMH]

Yes those are my only cards.

This is from another Post I made

So you have better Idea where I stand so you can give informed advice

                                                                    Equifax       TransUnion     Experian
CREDIT HISTORY                                  12 Years.    12 Years         13 Years

TOTAL ACCOUNTS                                         15               16                   14

CURRENT ACCOUNTS                                   15               16                  14

PAST DUE ACCOUNTS                                     0                 0                     0

REVOLVING ACCOUNTS                                  2                 3                    1    bestbuy card, closed secured card, closed capital one

INSTALLMENT ACCOUNTS                            13               13                 10     all on time payments and closed PIF from taking out a loan and as I payed it down I would add to and extend the loan as needed, did not know each time was counted as a new loan but never missed a payment. (Again paid in full)

MORTGAGE ACCOUNTS NONE

OTHER ACCOUNTS NONE

COLLECTIONS                                                   1                 0                    1     from Comcast bill that went to collections, sold to Stellar Recovery, paid in full a few days ago.

PUBLIC RECORDS NONE

NEGATIVE INDICATORS                                   1                1                     1 Think this is ALSO the Stellar Recovery/Comcast Bill

AUTHORIZED USER ACCOUNTS NONE

FRAUD FLAG NONE

also have 1 car payment of $508 a month. I owe $9,000 on NEVER missed a payment it is payed automaticly from my bank account.

The account in collections is a comcast account that Stellar Recovery Inc bought I tried several times to contact them to arange a pay for removal but EVERY time I called I got transfered to a answering machine that was full and took no new messages, So I called Comcast to see if they had a Number I could call but instead they told me I could pay them they promised to send me a Paid in Full reciept (Not received yet), and have Stellar Recovery remove their collections report instead of changing it to in collections Paid (Also no clue if this is done yet.

Anything eles you need?