Secured Credit Cards
Secured credit cards can help build and repair credit. Secured cards do not require a good credit score and many secured card companies do not even check your credit report. Secured cards are great for students, ex-pats, and people rebuilding their credit.
Secured cards are real credit cards and their usage is reported to the three major bureaus. This means that unlike prepaid or debit cards, responsible usage of a secured card can build and improve your credit history. To get a secured card banks require a deposit that they hold as collateral for your credit card. This deposit is fully refundable when you close your account if you have paid off your account in full.
Secured cards are a great tool for people who need to build or rebuild their credit. The Payday Hound believes they are a great choice.
We have reviewed 8 secured cards.8 8.0 500.0 0.0