Secured Credit Cards to Build Your Credit History

secured-credit-card15Getting your first credit card can be frustrating.


You may have found that creditors refuse to issue you a credit card because you have no credit history. And you may wonder how you’re going to build a credit history if no one will give you a credit card. You probably feel like you’re a great candidate for a credit card – you’ve been dutifully paying your rent, utility and phone bills, insurance, and medical costs on time without fail for years. …
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How to Get Your Credit Score

credit-score15There are a few ways to obtain your credit score:


When getting your free annual credit report
By law, all consumers are entitled to a free credit report from each of the three major credit bureaus each year. The only government-authorized source of this free report is


A credit report is necessary to check for identity theft or fraudulent account activity and to verify the accuracy of your credit history, but your credit score is not included in the free annual credit report.…
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How Do Secured Credit Cards Work?

secured-credit-cards-15A secured credit card can be a great option for you to build your credit history while enjoying the conveniences of using a credit card.


Start by looking specifically for a secured credit card to apply for. If you apply for a regular credit card and get a denial, some lenders will offer you a secured credit card, and some will just deny you and leave it at that. …
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Smart Credit Card Habits

smart-credit-habits15By using credit cards wisely, the consumer can get the benefits of using a credit card without the hassles and expenses that may come with using a credit card.


Spend Responsibly
A credit card can really come in handy for regular spending and for the occasional unexpected expense. But a cardholder who regularly treats their credit limit as extra income is likely to end up buried in a mound of debt.…
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Credit Scores and Cards

credit-scores-impact15Credit scores range from 300 to 850 and higher is better.


Generally, a credit score of 720 or higher is considered an excellent credit score and applicants may qualify for credit cards with no annual fee, a low APR, and generous rewards. Depending on income, credit limits can be very ample.…
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Know Your Credit Score

what-is-my-credit-scoreIt’s a good idea to know where you stand in the eyes of creditors before applying for a new credit card or any other type of credit.


Your credit score is the three-digit number that uses information in your credit report to summarize your credit risk. Credit scores range from 300 to 850 and higher is better.…
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Subprime Credit Cards

Sub-prime credit cards are geared towards consumers with a poor credit history and offer consumers a chance to improve their credit rating while enjoying the benefits of using a credit card.


On the spending side, sub-prime cards work the same way as a prime card – simply swipe, sign, and go when making purchases.…
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Credit Card Costs and Benefits

credit-card-cost-benefits15To choose the right credit card for you, consider your credit history and the costs and benefits associated with each card.

Annual Fee
The annual fee of a credit card may be anywhere from zero dollars to several hundred dollars per year. The better a consumer’s credit history, the more likely they are to qualify for a credit card with a low annual fee or no annual
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Credit Card Safety

Carrying around wads of cash can be very risky – if cash is lost or stolen it is likely to be gone for good. Credit cards offer a safe way to manage personal finances.

Manage the risk of loss
It’s always a possibility that a credit card or an entire wallet full of credit cards is lost or stolen.…
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