Questions tagged [secured-credit-card]
Credit card secured against a deposit.
5
questions
5
votes
1
answer
840
views
Keeping your statement balance below ~30% of your credit limit
I read Little Advisor's article How does that thing with the credit cards work, again?
According to the article, you should always keep your balance below 30% of your credit limit. However, I just ...
- 1,372
13
votes
3
answers
2k
views
Using a secured credit card to build a credit score for a new permanent resident
I am a new permanent resident in the US (originally from the Netherlands) and married to an American citizen. I am not used to the credit score system as they use it in the US, so this is all new to ...
- 233
12
votes
1
answer
777
views
Myth, or not: If using a secured card to build credit, paying off in part each month has more benefit than paying in full?
Does paying off a secured credit card in full each month not allow me to build a credit history?
I'm asking because reading about regular credit cards indicates that paying in full helps build a good ...
- 223
9
votes
4
answers
529
views
Are there advantages to getting a "secured" credit card, if you have poor credit?
I've heard about "secured" credit cards - where you basically pre-pay the amount of your "credit card" limit - surely your use of this type of card is evident on your credit report, and the advantage ...
- 8,653
2
votes
1
answer
636
views
Better ask for secured credit card rightaway or risk asking for an unsecured credit card first, the secured credit card later if it does'nt work out?
I had applied to DCU for a share-secured credit card, over the phone, but today I came to know they lost my application!
The application number they gave me does not turn up anything and when they ...
- 2,746