will opening secured account elevate credit score

Posted by josen (199.182.34.154) on May 07, 2003 at 04:22:04:

Have approx. 6 charged offs. Six years ago. Need/want to raise score. If I put $5,000 for a secured credit card for $5,000 and it shows on my report will that raise my score. It will be my only open..............

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