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Thread: school me on pre-payed cc

  1. Member atx-g60's Avatar
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    03-20-2012 04:08 PM #1
    i've made some mistakes in my credit past. i currently have some 5-8+y/o write offs. i'm looking to get back on track to build credit twards home ownership.
    i'm confident that i wont be able to get a regular credit card so i'm looking into prepayed options.
    chase seems to want 2k down the last time i looked. and thats a little in excess of what i'm looking to do.
    does anyone have any recomendations or experience with the prepayed line of credit cards?
    thanks

    just from my searching i'm leaning tward a cap1 secured card. 29/yr fee, 22.9% variable APR
    shouldnt matter much as i would pay it off monthly.
    Last edited by atx-g60; 04-15-2012 at 05:05 PM.

  2. Senior Member ChrisMD's Avatar
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    04-06-2012 01:40 PM #2
    Are you asking about prepaid or secured? They aren't the same thing.
    Chris
    "All hail Dr. Chris, doctor of money medicine!" --Tornado2dr
    "annuity = financial abortion." --jnm2.0t

  3. Member atx-g60's Avatar
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    04-15-2012 05:05 PM #3
    yeah i realised that i misspoke. i was refering to secured credit cards.

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