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Trying to add new credit card

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VipreArmed
Contributor

Re: Trying to add new credit card

The Capital One Secured is going to take a while for you to start seeing the benefits of it so don't get discouraged.  I have a Cap 1 secured that I applied for in July 2016 but the card didn't actually start reporting until October because Cap 1 gives you 3 months to continually fund the card to establish your limit.   So you may not start seeing the benefits of responsible use for another 5-6 months after it finally reports.  But it's a good start to rebuilding.

 

Definitely look into a SSL loan.  I consolidated my student loans and when they finally reported, my credit score jumped 40-50 points on each report.  

 

 

Good luck to you

AMEX Blue Cash | Capital One Platinum | OverStock CC | Quiksilver | Walmart | VS Angel Card | 24k Student Loans |

Starting Scores: 4/1/2017 EQ: 623 TU: 644 EX: 661
10/30/2017 EQ: 641 TU: 681 EX: 695
Goal: 720 EQ-TU-EX

Gardening till April 2018!


Message 11 of 14
Anonymous
Not applicable

Re: Trying to add new credit card

Thanks for the help
Your suggestions and ideas are truly appreciated.
Going to work on another secured card and a SSL in the next few weeks. I'll keep you all updated on my journey

Thanks again
Message 12 of 14
medicgrrl
Valued Contributor

Re: Trying to add new credit card

Who do you bank with? Maybe go to the local branch and talk with a CSR to see what they can offer.


EQ 778 EXP 782 TU 729
Message 13 of 14
Anonymous
Not applicable

Re: Trying to add new credit card

Hey
I appreciate all the responses and suggestions.

I recently have picked up a secured Capital One card
In two weeks I'll be putting a deposit on a BoA secured as well.
I've was approved for the secured BoA card yesterday.
One question I have is
When should i get the SSL and how much should it be?
Does the card limits and loan amounts matter when opening these accounts?

Thanks
Message 14 of 14
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