I was wondering do CU secured cards carry the same weight as a BOA secured card?
I have been a member of a CU since 4-2006. My scores are in the 620's. I have 0 inquiries the past two years and I don't want to take the chance to get dinged with one and declined for an unsecured Visa with my CU. I called my Cu and they do have a secured card which reports to all 3 CRAs.
Has anyone here had a secured card through their CU?
depending on the cu, they may be more strict than others w/their secured ccs. for ex., penfed denied me for their secured cc even w/scores in the mid-high 600s, more than enough $ to cover the secured cc limit (500 lol), and no new baddies since '03. and no, i wasn't pyramiding debt and didn't have a ton of inqs. in their words, they are very very very very (and yes, very) conservative. if possible, go into your CU in person and try to 'feel them out' before apping.