Secured Loan or a Secured Credit Card, which is better to raise my credit score faster? related questions

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Secured Loan or a Secured Credit Card, which is better to raise my credit score faster?0Dianne2012-09-17 17:03:03
I have to be able to raise my credit score fast , like in 3 months or so . I have only two credit accounts . One is 614 and another one is 530. I have to be able to have an average of 580 traffic in a hurry , which is 3 totals . They told me if I get 2 or 3 credit cards secured , use them and then pay off at the end of the month , bring my credit score quickly. But I was told that if I were to get a few secured loans and do the same , it would help me out better, because interest rates and fees on a secured credit card . So much have two questions here . Is it better if I get 2 or 3 secured credit cards or get 2 or 3 secured loans ? It is also better to have 2 or 3 in any of these or a large one?
How can I raise my credit score if I was denied a secured card?1tegz =-)2012-10-11 18:56:02
My husband and I had a hard time with credit cards and unemployment . We have paid all our cards and most of our loans . We have a couple of months remaining on a car loan and both have student loans for the next 15 years . We also have some savings now . MedlinePlus MedlinePlus To increase our score was applied for secured cards , but were denied . What else can we do ? My score is currently 582.
If I'm digging myself out of debt now will a Secured Credit Card help me raise my credit score when I'm ready?6Sumone2012-11-06 06:08:01
What are some good companies to get a secured credit card ? I am currently paying hospital bills and have never had a credit account in my life . I'm 36yo and I wonder how it feels to have credit for once . I know that credit cards are bad . I'm mature enough to handle knowing that only want one to help me increase my credit score in case you want a house or need a small loan in the future for a car , etc. Thanks for any help .
Raise credit score with secured installment loan from credit union?2vannesa2012-09-18 17:27:10
I'm in the process of rebuilding my credit card and went to my credit union to get a secured loan for $ 500 with 6 months to pay . I asked the loan officer if it would be better for my score to pay before. She said it would have no positive effect on my score unless you make regular payments and help my account after it was paid. After all the research I've done that does not make since to me . I need opions others please ......
Building credit - second secured card or raise limit? Start paying student loans?0ashlin2012-09-09 17:58:02
I'm trying to improve my credit drastically , from this time is horrible. This is not my nonpayment of things ( there are two negative accounts are medical bills ) . This is more my lack of credit history . I just turned twenty-two, and although everything is in my name , obviously , half reported no joint accounts that all pay phone , ie rent, electricity . So those are my main questions on rebuilding my credit : MedlinePlus MedlinePlus 1. I have a secured credit card at this time with Capitol. My limit is $ 700 and you make all payments and increased over time. If you increase the limit of $ 2000 or they get another secured card with two boundaries to be $ 1000? I just put my monthly expenditure on them , and pay in full each month. What is it that from what I've read / heard have the best credit improvement . MedlinePlus MedlinePlus 2. Currently I am a student , and have about $ 14,000 in student loans (federal ) . I have a great job that pays well , so I'm able to pay all my monthly bills add a significant amount to saving and have enough to spend (ie entertainment food gas) . As not make any payments while I'm at school , would make recurring monthly payments help build my credit now? (obviously paying now will help heal the pain of when I have to return ) MedlinePlus MedlinePlus I want to get my credit up. Fast .
Captial one card NON SECURED that I will be receiving or SECURED card from US bank to rebuild bad credit?1VICTOR2012-11-04 01:48:02
Please read this in its entirety and only respond with appropriate answers to all questions. Do not list fake websites or informed him that! I want to say first that I have 25 years of age and again in 2004-2005 went through some credit problems. I have not had any credit since it has no debt and credit, and has been paid for almost two years all accounts are closed. I have 3 negative accounts arising from my reports late 2012. I'd like to start rebuilding my credit. Recently I have been rejected by the Bank of America for a normal card convinced me of the application and a secured card, so I have two queries from January 2010 of them. An investigation in February 2010 to choose a sum insured NOT A card with a $ 39 annual fee and are approved will receive next week, but after much criticism of the company seems to have deceptive business practices, increasing APR rates and instead of putting say $ 300 as a credit limit that is put in place what position he would hurt me to use my credit results. If you try to close the account, add the charges to your account fraudgelant etc. Their customer service is in India and not good. Is this true? I read this on yahoo answers and my 3 cents complaints. If so should I try a U.S. credit card SECURED down to $ 300 with a $ 35 annual fee? The credit union does not offer far secured credit cards. If I can get a secured card U.S. CD Bank should open a 1-2 year $ 1,500 guaranteed with my bank is Harris Bank to show a loan? I have two charge offs and a credit card account with a couple of late payments 90 days which is also closed. I have 5 accounts per day, but are closed and were never used. What will my credit score go up from 1-2 years from now? Currently all questions before new for 2010 were my TU FICO: 597 Equifax: 648. I will only be using 7% of my limit of $ 300 rather than 30%. Refer to my other question here from the other day for more details on my credit standing entitled
Whats better a secured loan or a secured credit card for credit report?0janel2012-10-15 08:27:11
I have $ 800 would help my score to get a secured credit card or to find a secured loan. Also if I can put my name there husbands are informed both our reports or just the first person on the loan
I am trying to build my credit at 19, should I apply for a secured credit card or a secured loan?0madalyn2012-11-05 14:07:02
I have no credit history , but I am very responsible and I have a good job , while being a full time student . I've been doing research for the last few hours and see that a secured credit card is my best bet. I would make the payments on time , complete, and do not mind paying the annual fee , I think it's worth . MedlinePlus MedlinePlus However, my union bank offers a secured loan ( that do not offer a secured card , which are small and private ) MedlinePlus MedlinePlus So one must ask ? :/
I am trying to rebuild my credit, is a secured bank loan better than a secured credit card?1Crazy_Girl 2012-09-02 02:11:03
Capital One I have already insured with a limit of $ 300, I was thinking of getting a credit card or secured loan through my credit union. I have about $ 1000 - $ 1500 to get something .
Will closing a secured card to obtain a unsecured card hurt my credit score...also more ?s 10pts?1oshar2012-09-23 04:14:02
Is 2 secured cards and a secured loan to much to build my credit?
If I Open up a Secured Credit Card with a $5000 credit limit, will that increase my Credit Score?1culittinpiky 2012-08-14 07:49:03
I'm trying to increase my credit score, Experian: 670 to 651 TransUnion - Equifax 650 ..... As you can see I'm trying to get into the 700 Club, so I can make my own eligible for a better loan to refinance a house and my car
My credit score is 553 got secured card and installment loans can my score go up?0Stuff2012-08-29 11:56:14
Want a house in two years has 1 year of timely payments on car loan and 3 moths insurance card and secure a loan through a credit union trynna rebuild credit history make in my 75 years ka work

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