You may have heard of "Secured Credit" or a "Secured Credit Card". Here's how it works: You deposit money into an account at a bank or financial institution. They provide you a credit card with a limit equaling that secured balance. You’ll most likely get a VISA or MASTERCARD. You and the bank are the only one’s who know it’s secured.
Did you know that you can also ask for a "Partially-Secured Credit Card"? Here's an example of how that works: Deposit, say, $100 into an account and they provide you with a credit line of, say, $500 or more.
They'll take the risk on you if you show them you're serious about building your credit. No Credit, Bad Credit; no-matter you're situation, ask for one. You may be pleasantly surprised. They want your business.
Just be smart about a credit card. They can be an incredible tool or a nasty nightmare. You choose.
Need a Credit Card? We're still in pre-launch mode, but be patient - we'll have links on our Find a Credit Card page soon.
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