For this month’s “Healthy Credit Tips” we wanted to share with you some credit cards that have helped several of our customers rebuild their credit and get back on track.
You provide the credit card company a “security deposit” and however much that security deposit is, that will be your credit limit on that card. Most companies require anywhere between $99 – $500.
On the note, we are monitoring the accounts, and as our customers use it responsibly by doing things like making on-time payments, you may be able to earn back your deposit as a statement credit.
Here are some examples of secured cards that our customers were glad they move forward with:
Capital One Secured Platinum Card also offers $0 Annual Fee and 26.99% variable APR. To get started, you only have to proceed with three simple steps, click here to apply.
Discover It Secured Credit Card has no annual fee. You could find the steps to apply for this offer: here.
Those two credit cards offer many perks that can help you rebuild your credit scores. But, keep in mind that you also need to be responsible for all your action or purchases. You must pay your monthly payment on time, manage your utilization ratio, and most importantly if you’re having a problem managing your finances by yourself; get help from a professional!