|
Awhile back I was considering a secured card and stumbled upon a site offering questions to ask before getting a secured card. I had jotted them down in a notebook so I'm unable to give credit where credit is do but I believe I can post them here as they are available through online searching. Hope These help!
What is a secured credit card? (because different companies can have different definitions)
How much money do I have to deposit?
What kind of charges will there be?
Do you report to all three major credit bureaus?
How long does it take to qualify for an unsecured card?
How much interest will my deposit earn, and what kind of account does the deposit have to be in?
How can I make the best use of a secured card to build my credit rating?
|