Secured Credit Cards

Anonymous · ‎11-05-2014

Hello! I just wanted to know what company offers a secured credit card to a considered "poor" credit cunsumers. My scores are below, please let me know where i possibly can have some success! I am trying to rebuild my credit as well, I just need some guidance. I don't know where to start at all....

Thanks!

1GaDawg85 · ‎11-05-2014

are you a member of any credit unions?

FICO 5 ,4, 2 - 10/2023 FICO 8 - 10/2023 FICO 9 - 10/2023 FICO 10 - 10/2023

Anonymous · ‎11-05-2014

I was a member of Neighbors FCU but I lost my job and my accounts ended up being closed with them. I had a credit card with NFCU, which was closed, and I'm now paying it back. So I only have a chase account now.

1GaDawg85 · ‎11-05-2014

I would ask NavyFed if they would be willing to reopen your account once paid...any other negatives on your report?

FICO 5 ,4, 2 - 10/2023 FICO 8 - 10/2023 FICO 9 - 10/2023 FICO 10 - 10/2023

credit-hunter · ‎11-05-2014

Differently don't burn NFCU they are one of the most generous CC lenders in the country you will need them in your rebuilding.

Anonymous · ‎11-05-2014

They agreed to let me reopen my account once i paid of f the debt. I have like 6 things in collections. 2 student loans, 1 item for cox communications, 1 thing for my old apartment that i had to move out of, 1 medical bill and 2 payday loans, 1 of which i have paid and owe half and the other is a cell phone bill. I'm totally lost, I dont know whether to pay it b/c i dont know if it will help my score or not...

joeyoey · ‎11-05-2014

I started with a secured Cap One in August of last year. They won't "upgrade" you (to un-secured) but once you've established some history with them you can apply for an unsecured card. I did in April of this year & was approved & they've been extremely generous with CLI since.

Starting Score (02/01/2014): EQ 548 EX 548 TU 564
Current/Most Recent FICO Score (4/01/2015): EQ 686 EX 668 TU 669
Nov 1, 2015 Goal: 700 Across all 3
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Anonymous · ‎11-05-2014

Thank you, i will try one cap one and see if they let me, I hate to run my poor credit again but I'll do whatever it takes to get back on top like i once was! Thanks for responding!

Anonymous · ‎11-05-2014

Yes, you should definitely pay it back to NFCU. I don't know how they are with going after debtors, but if they want to they can make your life a whole lot harder by obtaining a judgment against you. By owing that money on a closed card, it is definitely holding your score down as well. Good luck!

Anonymous · ‎11-05-2014

Thank you, I'm paying them faithfully to try and get back to a point to where i can open an account with them ... I hope by the first of the year.