by Global Crop Diversity Trust

Question by Red: Secured credit cards… How long will it take to see credit improvement?
If you are using a secured credit card to repair bad credit how long does it take to see an improvement on your credit report? How much improvent do you see?

These banks/cards requie you to have a savings account with them equal to your credit limit. If you have collection accounts or JUDEMENTS can a collection agency freeze these accounts and take them?

Best answer:

Answer by Joycee
you wont…you get a secrued credit card for 400 bucks…they will shoot you with 300 fees upfront and piled them up month after month…they are the worst cards to get a handle on

Give your answer to this question below!

by jonny2love

Question by bIGdADDY: How long to repair credit after a bankruptcy to qualify for a home mortgage?
Please provide information about experiance or knowledge relating to the amount of time it takes to repair ones credit after a chapter 7 bankruptcy. All loans reaffrimed thru bankruptcy have always been on track and have remained current. Any info provided would be a great help. Thanks

Best answer:

Answer by golferwhoworks
2 years as of now FHA 4 years as of now Fanny, Freddie but all of that is subject to change
I am a mortgage banker in TN & KY

What do you think? Answer below!