This past Friday I went to Golden 1 CU to get a secured loan. Unfortunately, it cost me a hard inquiry. While they don't pull your cr to give you a secured loan, they require that you pay $1.00 to become a member AND that you successfully pass chexsystems review; they also pulled cr (to my chagrin). I'm kinda bummed I got a hard inquiry now but I hope I can raise my fico via the secured loan. The secured loan will be for $1000.00. The CU rep said that it reports after 2 months and a rating (satisfactory or otherwise) is assigned after 6 months. Does this mean that my FICO will not reflect a change until 6 months down the road? TU 636 Equifax 650 (items in dispute may artificially inflate score). Experian 630
