Ryan asked:


1.im 18 i have a secured credit card so im getting good credit fast but i was told u cant get a unsecured (real) credit card unless u have gotten like a loan and payed it off with good history is this true

2. and if it isnt true is it possible to build credit from paying of a loan

3. which loan would help me build credit a secured or unsecured credit card and why

4. and if i just want to get a small loan for no real reason other then the fact i just want to use it to build credit will can i just tell the bank that and they will understand ?

secured loan

w c asked:


I have applied for a loan with them. They require a 500 deposit to secure the loan. I have loan docs from them. This is a high risk loan. I have the address and phone number for them. I am just not sure if this is a scam or something that I should be concerned with. Any help would be appreciated.
Here is their website
http://gatrustfinancial.com/
I have not sent them any money. I did send them the documents they sent to me along with a pay stub and id. I didnt become suspicious until they wanted me to send money via western union or money gram. I know I made mistakes in the past but id there really help out there for people who have had problems without being taken or put in worse financial troubles. Are there really companies who will make high risk loans with rates and payments that are affordable

secured loan

Freelance Web Designer asked:


I am trying to build my credit. Its new credit.. i just started payments system, had 1 credit card, a secured loan, and 2 charge accounts

I checked my credit score and there is big difference between one of credit reporting agency
Transunion: 594
experian: 666
equifax: 651

My question is
Why transunion score is so low than others?
Do lender see or make decisions according to lowest score?
How can i improve my score?

secured loan

Chris asked:


CONGRATULATIONS we have been able to secure your $30,000.00 loan request with an annual interest rate of 7.95%.
Please find below all of the pertinent details concerning your loan.
Approval amount: $30,000.00
Monthly Payment: $363.19
Term: 10 years
There is a condition on your approval that a security deposit of 8.57% is due prior to us releasing the funds into your account. This is equal to a $2,571.44 payment which covers insurance and coverage against any late payments. If you have any questions about this process please read our frequently asked questions page.

secured loan

SRL asked:


I’m thinking of consolidating 3 credit cards totalling just under $15,000.
What can I expect? What’s the longest term/lowest payment I can get for this amount of debt? Can I add a Secured loan to this consolidation (citifinancial)?
What’s my best game plan?

Anything else I need to know?

secured loan

Candi asked:


I have been turned down back after back on credit cards and loans because I don’t have any credit. I don’t know anyone with good standing to co-sign for me.

I have recently started a savings account, but my bank doesn’t have a secured credeit card, so I don’t know what else to do.

How can you build credit, if you can’t a loan or a rcredit card.

secured loan

whatdapr0bl3mis asked:


I just went to washington mutual (my bank where my checking account is at) and i applied for a credit card.. im 18 years old and have no credit line (NOT BAD CREDIT) they denied my request for a credit card but offered me a secured credit card with a $300 limit.. should i do it? she said its really the only way to built my credit and in a couple months they will probably let me get a n secured one.. anyone have any other options or comments? PLEASE HELP! i want to buy a new car and get a bank loan but without credit i cant do anything!!!

secured loan

vtcamillee asked:


my son has been approved for a non-secured loan, sounds too-good-to-be-true and am worried. they are asking for money up front before sending him paperwork! but can not find any complaints about them anywhere. any info will be GREATLY appreciated.

secured loan

Mommy of 2 little girls3 asked:


My husband and I are trying to build our credit enough to get approved for a loan. My husband has so-so credit and I have well, crappy credit (due to a small 2000 debt). What would be the best secured credit card out there to build our credit?? HOW would we go about it?! Make a big purchase and pay it off all at once or make a purchase and pay the minimum?? Etc, thank you very much.

secured loan

DYME_PEACE76 asked:


i’m in need a personal loan, and my credit isn’t the best, i filled out an online form and a company by the name of Freedom Lenders contacted me and stated I was approved for a secured loan, they gave me 3 options 2 were collateral and 1 was a co-signer….i’m skeptical because, i’m afraid to loose out,i know there are sooooo many phony companies, out here that pry on people with poor credit history…Thanks in advance..

secured loan