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  1. So, coming up on about 1 year of account history for a Credit One (yeah I know) and a First Progress secured card. Both have annual fee's, and I feel at this point I'm well in the right direction with about 35-40k in lines. Time to close them before the new year hits? What say ye! Also got a True Value card from comenity that had 1 charge put on it and nothing else, i got it cause I have a True Value close to me, but when I went to use the card they said they don't accept their own credit card there. So, its practically no use to me. There's no AF on that one, leave it
  2. Hello friends. I'm so glad to be here! Thanks for having me. My Creditkarma score is 555. I know that's not FICO, but it's going to be terrible regardless. I'm 28. So my credit right now is a mess. I've dabbled in trying to fix it, but I really want to make some serious progress now. I'll try to be succinct yet thorough. Credit utilization, payment history, age of credit history, and credit inquiries receive "A" marks on the report card thing. Total accounts (3 accounts) is D. Derogatory remarks (1 + 1 in collection) is B. Overall grade is F, obviously. The following 5 are my baddies. 3
  3. http://www.doctorofcredit.com/the-discover-it-secured-card-does-graduate-to-an-unsecured-card/ Say what you want about Discover, but this is a solid rebuilding option that starts at $200.
  4. Anyone know much about Suntrust credit cards? I have an old student loan backed by them but that's my only experience with Suntrust. Doesn't look like anything too exciting but not too bad either. Not much of anything in credit pulls. https://www.suntrust.com/PersonalBanking/EverydayBanking/CreditCards/CashRewards Anyone want to be a GP for one? The cash back card is 2% up to $6k on gas and grocery then goes to 1%.
  5. My daughter doesn't want me to pay for her graduate school.. and I have mixed feelings but the idea of her taking three more years of debt makes me sick at heart given the interest rates. If I were to set up a three or five year CD securing a loan to her for tuition, made payable to the school, what do you think the lowest interest rate would be... perhaps a $75K loan that would be essentially a line of credit paid out over the next 3.5 years against a collaterized CD. Am I missing something? Would navy do something like that? Looking to keep her from paying high rates and putting hers
  6. Hi, everyone. I have gone through the master secured cards thread here, and I am thinking that one or two of the three would be my best options. SDFCU (I am a member) Wells Fargo US Bank What I have questions about are: In the thread, it seems like it states that SDFCU is chex sensitive, but I am missing if that is for membership only or for secured app too...it looks like they don't check credit for secured card, but do they run you through chex again? I think I got into chex after I became a member with SDFCU. Am I safe applying for SDFCU Secured Card if I am in Chex but alread
  7. Currently I have two secured CC to help rebuild my credit. ~BOA Visa with 5k limit and is about 17 months old. ~WF with 2k limit which is about 6 months old. Do you think opening another secured card would help? If so how much of a limit should I use? Thanks
  8. Hi All, I am looking for a bank or credit union where I can open a secured visa or mc like Armed Forces Bank that does not do a HP and it does not matter if you are on Chex but will allow you to add money anytime as well. Do you have any suggestions? I am not looking for Cap1 secured. I looking for a normal bank or cu. Thanks for reading.
  9. I have a Capital One Secured Credit Card with a deposit/credit-limit of $2000. I deposited that much money into it in the hopes of bumping my score by having a lot of available credit and no balance. I have had this card for 2+ years now, perfect payment history and low balance, and am ready to remove it or convert it to a non-secured card. Unfortunately, Capital One can't just convert it, they said they'd have to close that account and create a new, unsecured one. Should I close this 2 year account, knowing that I need to finance a car within 1-6 months? What will the effect be on my
  10. I'm helping a friend start to build his credit history. He's got one baddie that I'm hoping will go away soon. If it does or it doesn't, I'm wondering what would be a good first card? I'm thinking the FNBO Kickstart because it has a free EX 08 FICO, and apparently it graduates. The AF is $29, which is bad, but might be worth it for the FICO. However, I've read that this is a "subprime" card and might not be good for building credit, it might look bad on his credit report. I've not really read anything good about FNBO on the web. Is "subprime" credit card a real thing? I know that Open Sky
  11. I'm working on my husband's credit. A lot of medical stuff has fallen off, thanks to Why Chat, but he still has few negative things going on that I'm working on right now, so they are dwindling down in number. Right now we are waiting for a response from the CRAs about some debt from AFNI (not sure what it is or where it's from) that is beyond the SOL. Would it be better to wait to try to get a secure credit card after all the bad stuff comes off first, or do we try for one earlier? I guess my questions right now is more about order in which I tackle the rest of the stuff on his
  12. I'm super excited. I received my secured card graduation letter in the mail today! I received a big drop in the APR and the fee elimination. The letter didn't mention if I would receive a credit line increase so I'll wait for the new card and account information. Now I'm going to open up a secured personal loan with them to create another positive trade line. So, by the time all my baddies fall off by next year if I can't get them off earlier, I should have a very nice credit score.
  13. Hi folks, 360 days ago, I opened a secured credit card with capital one to rebuild/repair my poor credit with a $1000 deposit. I've always paid it on time and today I just received a pre-approved offer from them. I only currently have their secured mastercard and an american express charge card so I figured it'd be good for my score if I got another credit card. I called them to see if I could convert my secured credit card (credit limit was $1000 a year ago, $1450 now) into an unsecured credit card but they said they don't do that. How should I go about getting my Grand back witho
  14. I just obtained a membership application for the credit union the Sheriff Office, that i work for, uses. Going to set up a savings account with the deductions coming out of my paycheck. Figured it be a extra way to put money off to the side. Just don't know how it will or even if it will help me in regards to anything related to my credit. Worse case, ill just have extra money stored. Another thing I've been looking into. Secured CC's. I was told since I'm on the road to credit recovery, I should look to get a secured CC to have a positive TL reporting while cleaning up the bad o
  15. So last month I had my secured card through Bank of America unsecured early.. at the 10 month mark and they increase my credit from $1,000 to $2,000... This resulted in a hard pull.... I was bored and decided to hit that luv button again 1 month later and ask for a credit limit increase again to $5,000 just to see if they would raise it... resulted in a hard pull and the dreaded 7-10 day message. I log in today and I now have a $5,000 limit! woohoo! guess I should have asked for more! This is still with several student loan late payments from a couple of years ago... and don't wor
  16. For those of you with BOA Secured cards: I have had this card for 11 months, and am pretty familiar with it, including adding additional security deposits to increase the credit line (which I've recently done actually). I expect that it will unsecure after the first of the year considering payment history, reduced util that will report by 1/1/14 and improved scores. Today, I noticed that there is a 'request a credit line increase' button on my login page. I've always called in to do the increases before, so I'm not sure if this is new, or I've just overlooked it before. Do those o
  17. Hi everyone. I'm in the process of paying down/off my Capital One Accounts (3 accounts total) that have had high utilization (including 100% and some overlimits) for the past 24 months. The accounts are as follows: $320 limit, opened Dec 2011 (former HSBC) $850 limit, opened May 2011 $2300 limit, opened Aug 2010 (secured) I'm going to ask EO that they unsecure the highest limit/oldest card and consolidate limits. My question for those who've done it is, how long do I need to let these sit with minimal balances before approaching the EO for this unsecure/consolidation request?
  18. Hey All! I've had my Cap 1 secured MC since April 2012 and the CL is the initial $300 that I secured the card with. I've read where they will do CLIs for secured cards after 6 -12 mos. of good pay. I have never been late and usually pay in full every month since I've had my card. Saturday, I chatted with one of their CSRs and asked for a CLI. She walked me through the process of asking for one online and told me that I would receive documentation in the mail in 7-10 days asking for proof of income. I received an online document in my inbox this morning that said that Cap 1 does not do CLI
  19. Hi everyone! I have been lurking here for a little while and thank everyone so much for all expertise and help. Before I found this forum I wasn't doing things in order. I did have some initial deletes and fixes but I stopped trying to repair for a couple of months so that I could start over and start with address deletes. I just sent out letters yesterday to all 3 CB's for personal info deletes. This brings me to an account that I need help with after I get the initial personal info fixed. My husband and I both had a secured cc through PNC that we opened in June of 2011. My husband
  20. Are there any recent US Bank secured credit card graduates? Am looking for some insight on length of time before receiving conversion or if I need to instigate the request. I've had this card for a year and 3 or 4 months. Just completed a 0% balance transfer offer with NFCU and wondered if now would be a good time to try to get the card unsecured. I still have some baddies on my reports and not sure if I should hold for my NFCU cards to report or try to get USB to graduate before they hit my credit reports? Any insight, experience or opinions? As always, much appreciation!
  21. Greetings All, Well... I just don't know what to say.. Navy Federal has brought a tear to my eye tonight. This all started about 13 months ago where as part of my credit repair I opened a Secured nRewards Visa for 2k. Six months into this I raised the deposit and thus the credit limit to 5k, and then 8 months in up to 10k. In each case there was no credit pull for an increase, just the additional deposit. At 12 months on the mark, they automaticly released the 10k on hold in my share account and unsecured the card. I did not request this, heck, I did not even know until I logged
  22. Greetings All, Well, I had a nice suprise from NFCU the other day. They automaticly unsecured my nReweards Secured Visa after exactly 1 year. I opened this account with a $2000 deposit, at 6 months, I upped it to $5000, and at 9 months, I upped it to $10,000. When they unsecured it they left the full $10,000 credit line in tact. To add to it I called and asked if there was any way I could convert it to the Flagship Rewards Visa Signature card as I travel internationally a great deal and it was done right on the spot with nothing but a soft pull (verified) to determine the interest
  23. Greetings. My score is 690 and I want to build it up by adding more lines. I have one new BofA Visa with a $10K limit, a Macy's, and 4 mortgages. No late or collections. I just applied for a Chase/Southwest premier Visa. I am now considering adding a pre-paid (AMEX/Serve) or a secured card (Cap 1). In general, given my situation can anyone recommend whether I apply for a pre-paid or a secured card? I've heard that a secured card is better for increasing your score. Also, any thoughts on AMEX/Serve or Cap 1?
  24. Ok... so Dear Neighbor has open loan with USAA never late on it as well as a mortgage which had a series of lates, however paid all on time for the last year. She has no other positive credit.. probably about 13-15 mediclal baddies however with collection agencies. I am going to coach her through handling them, however, she is interested in trying to at least open one account in the meantime to start it aging. My questions here are... 1 - Since the relationship with USAA has been ongoing with the loan for about 2 years, should i have her inquire about an unsecured product that may be weigh
  25. Hello All - First time poster looking forward to improving my credit score. I'm interested in obtaining a secured credit card to start the rebuiling process. My question is would it be better to get one card with a higher balance of $1000, or two different cards with $500 each? Thanks in advance.
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