Can a secured credit card clean up your bad credit? Written by Maryalene LaPonsie April 19, 2013If you have bad credit, I don't have to tell you how much it limits your financial freedom.
You may find you are regularly denied loans and credit cards, and in the event you do get one, the interest rate may be double or even triple the rates paid by those with excellent credit. Beyond that, [...]Posted in:Secured Credit Card
Benefits of Secured Credit Cards Written by Curtis Arnold February 11, 2009An excerpt from How YOU Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line.
A secured card is often the best answer if you can't get a traditional card. Secured cards are accepted wherever credit cards can be used, and certainly come in handy for emergencies and for transactions when [...]Posted in:Credit Card HelpCredit ScoreSecured Credit Card
The Nuances of Secured Credit Cards Written by CardRatings.com March 4, 2006
Don’t let a name fool you.
Secured credit cards, though much touted by consumer advocates as one of the most effective ways to establish and build credit, are not always easy to get.
If you have had bad credit, delinquencies, or no credit history at all, don’t expect to be a shoe-in for such a card.
Secured credit [...]Posted in:Secured Credit Card