A secure credit card with a credit line exceeding the deposit?

Answers:1   |   LastUpdateAt:2012-10-23 09:26:03  

Question
Jeury
Asked at 2012-09-07 01:48:03
Ok im trying to have two credit lines open while I dig a trench of student loans. My loan is amortized as of February 16 . I have already been approved for a sum insured limit mastercard deposit $ 99 and $ 200 . Im looking for another similar card so I can give my girlfriend to pay his gas ( itself out on a limb here "gas" wink wink ) yes I trust her and understand the risks yada yada yada . Im trying by this time next year to have more than 650 credit score is not exactly shooting the moon imo . As for the card im not paying over $ 50 a year $ 50 that is pushing the $ 50 per year includes an annual fee and monthly dues im obviously not including interest that might apply . MedlinePlus MedlinePlus From research ive met two credit lines open enough and in my preferred position is not bad and only 1 credit wont build my speed and ide . MedlinePlus MedlinePlus I'm open to other ideas / suggestions . And I thank you for taking the time to read this I would really appreciate any help .
Answer1PandoraAnswered at 2012-10-23 09:24:20
Another secured card will do nothing for your credit. Absolutely nothing . MedlinePlus All you need is to pay an annual fee on another card . MedlinePlus Let's get their own secured card . MedlinePlus Be sure to replace the money in full each month - . There are games of carrying balances MedlinePlus MedlinePlus A mixture credit is 10% of your FICO score . MedlinePlus But this is for different types of articles . Loans , mortgages , credit cards . MedlinePlus You can not get 10 credit cards and we expect this relationship to move up . MedlinePlus You already have a student loan - the mix of credit is in good shape .
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