Collection Agencies - Secured Credit Card and Your Identity - Canada

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RE: Secured Credit Card and Your Identity

Postby cadude » Thu Feb 21, 2008 03:58:26 PM

Yes and yes.

When you update an address with a bank (including Capital One) it gets updated on your bureau. If a collection agency pulls a new bureau and finds your new address, they've got ya.

And yes, a secured credit card will help you strengthen your FICO score and you can start to reestablish your credit.
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Secured Credit Card and Your Identity

Postby Nosnos1 » Thu Feb 21, 2008 03:55:35 PM

I had some credit card debts; one is now stats barred another isn't yet. If I apply for a secured credit card, will collection agents find my address and harass me? Will it help me to repair my credit once the debts are off of my credit report after 6 years?
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