View Single Post
Old 08-25-2002, 12:58 PM  
AllisonWonderland
Confirmed User
 
Join Date: Mar 2002
Location: oHIo
Posts: 248
A secured card will indeed halp your credit record/score, as long as the credit provider reports to the major credit bureaus. If your current provider does not report, then pull your money out and get a new card that does report.

My very first credit card was a Providian secured card. After about 2 years, my credit limit was raised past my deposit balance, and after about 3 years, my deposit was released.

You might also have better luck getting approved for a store credit card (Penneys, etc.) if you don't have a major card.
AllisonWonderland is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote