Capital One Secured Card

The First Home Owners Grant (FHOG) helps people to buy or build their first home. If you ve racked up debt on a high interest balance transfer credit cards credit card, transferring the balance to. I have student loans that Im gonna be repaying very soon but needed a card to help build up other credit lines to.cover my old blemishes from the past. I believe u said that you saw my info when i tried to register. I was wondering, I got approved for a capital one secured card, and I put down the $75.00 security deposit and got approved for 1000.00 right off of the bat, with no extra money put down. I’m pretty excited to start building credit because I am going to be shopping for used cars but I want to finance one since it will be hard to pay for it in full and I need some credit history. I received the 29 dollar fee on my card one August 29 when I intially activated the card. If you lend money to someone and that person never pays you back, would you lend them money again. Not too shabby… especially considering that thanks to everybody who has written before me I had a good idea of what to expect.

I have about 3000 in bills every month between me and my wife so I can afford a higher limit if I continue with the method I use now (use card to pay bills then pay off the card) but it seems that could be hurting my score alot. I did pick up some tips you may already be aware of. If I pay it all off on the 9th of August, would it affect me.

Always use federal loan options if you can private loan lenders before choosing private or alternative. I then began to have financial issues and became dependant off my credit cards to the point that i could not keep up with them and ended up defaulting on them. Usaa bank offers some of the lowest interest rates for motorcycle loans in the. As of today, the transaction didn’t show up on my checking account yet. I made my deposit in January and my card will be here this week. Well the Supervisor tried to help me but could not so she transfered me again because I felt she no longer wanted to assist me.

Prepaid cards are not like capital one secured card secured credit cards. You may earn credit line increases based on your payment and credit history—with no additional security deposit required. Inform them that you have paid off some debt that you accumulated in the Past and that your a new changed person. According to the rep the reason I had not been approved for a credit line increase was because in Oct 2011 I was TWO days late. Only thing I have not tried is the Creditlnform, I think I will pass on it. Also I had to wait two days two.deposit.my dough was that the case for.you.

Once we’ve received your deposit, your card will be on its way. At the end of a quarter either cash out the cd and pay the 2% to pay off the loan or roll it over by paying the 2% difference. The only reason why I applied was because I used the preapproval online first.

Congrats on getting approved for the card. Resume sample of a dynamic mortgage resume samples for mortgage branch manager broker with extensive experience in. Just found out about those negative things and working to get those taken care of. I really hope Capitol One approves you.and you get your.home soon.

Zillow s refinance calculator will help 3.8 fixed refinance rate you determine how much money you. A message populated, saying that I would receive a letter in the mail. Ive been using about 50%-60%(or less) of my credit & pay in full sometimes.

Take control and build your credit with a capital one secured mastercard credit. Hopefully that works, if not try HSBC bank although its been recently acquired by Capitol One they still should have the same criteria until further notice. I sent over the deposit online and hope to get my card soon. Forgive me if this question has been asked before but I’m just curious. Build one with the capital one secured mastercard credit. I hope to hear from you as you begin your journey to success.

I came across this blog and read both articles. I like that ok, I’m on “probation” for a few months untill I prove that I can handle a credit card, then they’ll offer me a better deal. Also don’t depend on your credit card, use it wisely. What they are lookin for is a higher capital one secured card income to rent pay ratio.

Cap One does allow customers to hold 2 of their cards at once. Just wanted to know your opinion on the card and or if i should go for it and maybe, just maybe cancel my secured card before it ages any more. Started with Cap one in April after reading this blog. With private lenders, i have need a private lender funds available all the time.

Bank of America’s secured card is usually reviewed and turned into an unsecured card in a year or sometimes even sooner according to my research, if the account is in good standing. Sometimes those pre-approved offers do not go through once you apply, but who knows, I guess every case is different. I haven’t been late on any payments and will.

I am trying to buy a house next year so I know I have a lot of work to do. I read on another post that this happened to someone else but they were still approved. I do have some school loans and most of the creditors I owe will soon in the next year or two minus the Amx that will fall of TU in 2015 (crazy) will be off my credit. I would advise you not to max out your card, this can affect not only your credit score (specially if this is the only capital one secured card credit card that you have) but I think it could well be a reason that you haven’t gotten a CL increase.

Then I heard about Capitol One Secured Mastercard and became excited as It came with Mastercard Car rental insurance etc and because of their $ 49,99,200 for 200 deal they are promoting. I just got approved over the weekend with a$49 required deposit. First off, i apologize in advance if credit check total this topic was started previously. I processed my 49$ deposit online, now let’s see what happens from here and how long it takes to receive my card. I applied for them using copies of all 3 credit reports I sent them asking them not to make a inquiry in my letter. But as far as the unsecured, yea I wish I had applied first but i was scared to not get it then have more blemishes on my report and risk not getting a secured cErt either.

I am pleased with the score considering all the negative that is still on my credit. Now Checking my score it has gone down to 647 due to new accounts I’m. Yes they increased my limit automatically by $100, but that doesn’t mean they have graduated me to an unsecured account. This is my first “Credit card” so I was wondering if you got any tips. Called a week after and said should be here or waiting for prosessing.

I went and googled this up to see what I could find and some people were complaining about having the Capital One secured card for 2, 3 or 4 years and still not getting the deposit back or being changed to an unsecured card. I raised my limit to $1,000 and try to spend around the $300 mark. I asked them to use the copies of the credit reports as the basis for their decision. Thank you for you reply post newdirt.org I chatted one of the representative before she said that they will refund the deposit after you have graduated in the secured card or close the capital account but I don’t know if this true.