Thread: Secured Bank Loan-any advice?

In an effort to rebuild my credit, I want to take out a secured loan from a bank. Does anyone here know of a bank that wont report the loan as secured, or does it make a different?
Thanks in advance

My bank (First Union) reported it secured. But anyway, I still think it's a good idea...

Try your local banks first, they may be able to help. Good luck!

Regards,
Alex
www.Creditinsiders.com

I think they all pretty much report it as secured. I also dont think it makes a differenc

Is it worth going through the hassle? It is a shame that I have a 6 figure household, but my student loans have kill my credit reports, even though I am paying them. I have even signed with Junum. Thanks for listening......

I did it. I think every little bit helps. Can build credit on credit cards alone. plus student loans are not really counted too much to help our scores. I think payments on installments loans would be a great boost.

roni

Roni, Thanks, not only for this advice, but for everything. Even the laughs when you have to "talk" to a board member.