My credit rating is 667...last week it was 568. Before when I entered on the credit simulator adding a $200 secured card , it said it would raise me from 568-630.. Well now my student loans have been added which is good because it shows an ontime payment for the last 11 years....but now when I enter $200 for a secured card and simulate it, it drops my credit back down to 587....I have zero utilization because I have no card.. I want a utilization score though..my debt is around 4400 and I'm 100% on time....will getting a secured card really hurt my credit as the simulator says? Thank you in advance.
