How to successfully use a secured credit card?

Posts Tagged ‘Secured Credit Card’

How to successfully use a secured credit card?

By Author on Thursday, April 7th, 2011 | 3 Comments

I’m a college student and I recently purchased a secured credit card. For the past 5 months of having this card, I’ve paid off the balance almost immediately after it showed up on my credit statement (I use online banking). But I want to know if this is the most effective way to build credit, [...]

How do I get a secured credit card while living on SSI disability?

By Author on Thursday, March 24th, 2011 | 4 Comments

I’ve been thinking about getting a secured credit card because I know it’s already a must-have for emergencies or when short on cash. So I get SSI disability checks for almost twenty years, and wondered if it’s possible for me to get a secured credit card. I need to do that in order to establish [...]

What is the difference between a credit card and personal line of credit?

By Author on Thursday, March 17th, 2011 | 4 Comments

I have just applied for a Wells Fargo Credit Card–I also have a checking account with them as well. Anyways, i was approved for a secured credit card of 800 dollars and denied a personal line of credit? I have to send them 300 dollars for collateral to get my card. Can someone explain this [...]

How much should i charge on my secured credit card to get the best credit rating?

By Author on Tuesday, March 15th, 2011 | 5 Comments

How much should i charge on my secured credit card to get the best credit rating? I can charge up to 0 on my secured credit card and want to know how much should I charge on my secured credit card to get the best credit rating. I need to build credit because I got [...]

Is a credit card a good idea to build credit after bankruptcy?

By Author on Friday, December 17th, 2010 | 8 Comments

I have an unsecured 0 limit card that I got to re-establish my credit after my discharge. Problem is these cards are full of fees and monthly dues but they do report to all 3 bureaus which is good. Am I going to be on the same situation no matter who gives me a credit [...]

Credit Cards For Fair Credit

Posts Tagged ‘Secured Credit Card’