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Secured Credit Cards

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PostPosted: Wed Dec 19, 2007 7:42 am Subject: Secured Credit Cards

When you apply for a secure credit card, is your credit checked? If so, is it a soft inquiry or a true inquiry?

I am continuing to raise my credit score (I finally am out of the 500s... Very Happy ) and have been told that a secure card could help.

Any suggestions as to which one is best?

Thanks!!

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waterbug811

waterbug811

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PostPosted: Wed Dec 19, 2007 8:50 am Subject:

Get it thru a credit union for best interest and lowest fees. It is a credit app & will result in a hard inquiry.
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http://www.ftc.gov/os/statutes/fdcpa/fdcpact.htm#809
http://www.ftc.gov/os/statutes/fcrajump.shtm
http://www.debtconsolidationcare.com/forums/about216.html
Use this letter to protect your rights under the FDCPA
myfairdebt.com & myfaircredit.com-Good source of case law in forums.
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