Secured CC Scoring Question

Discussion in 'Credit Talk' started by CNYC, May 30, 2005.

  1. CNYC

    CNYC Member

    I was recently turned down for a GM credit card due to a lack of account history on my credit report.

    In order to build this history I am thinking of opening a secured credit card. Does the amount of the secured line affect the score?

    If a open a secured Credit Card with $100 as opposed to $10,000 does it make a difference?

    Thanks.

    Best,

    Andy
     

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