Re: secured cards look bad? why chat?

Posted by observer (205.188.209.12) on March 07, 2003 at 10:03:51:

In Reply to: secured cards look bad? why chat? posted by captain crunch on March 07, 2003 at 08:14:05:

The problem is more than likely the secured card will be offered by a subprime lender. You don't want to be applying for prime things and have someone wonder why is the only thing on this report Orchard or Monogram?
Personally, I'd speak with a CU or a small local bank {preferably one that you've a positive relationship} and ask about a credit card with a modest limit.
If you do any sort of secured loan, be certain they report to the CRA's.

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