I’m working on mine and hubby’s credit. For his credit (which must improve for us to get a mortgage, because he earns most of the money) the worst part is the LACK of credit. I sent of for a couple of secured cards and we also put $10,000 in a cd and borrowed against it for a car. I set it up on a 12 payments.
Anyway, I was wondering if raising the credit limit on the secured cards(i.e. adding more to*the savings securing it)*would have the same effect as a regular cards limit increasing? Also, what do you guys think is an optimal amount to begin with? I did $1,000 on each card.
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