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newfishinpond

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Should I apply for new SECURED credit card to help build bak up credit if i have 2 closed accounts?

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Absolutely, as soon as you can. Check with Capital One, they are a good place to start, even if you have previously burned them.

Top Contributor
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Depends.... How long ago were these accounts closed and what amount? I am not a big fan of secured cards unless you just have really really low scores. Use Capital one's pre-qualifier to see what if any of there cards you are pre qualified for. The Shopping Cart Trick also works and applies here. :) Google it to learn how it works. Its alsways a SP vs a HP so no injury to your scores, and if you get the pop up that states "congratulations" then you have been approved and WILL receive the CL...usually between $300-$500 BUT you didnt tie up any of your own money with a secured card, and you will begin to rebuild. (dont go crazy with the Shopping Cart Trick though because its fairly easy to get carried away)

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