Do secured credit cards help your credit score?

Tips and Deals Forums Consumer Credit Credit Cards Do secured credit cards help your credit score?

This topic contains 3 replies, has 4 voices, and was last updated by  Anonymous 8 years ago.

  • Author
    Posts
  • #215414

    Anonymous

    I am 34 and have never had credit. I am interested in getting a secured credit card to build up my 0 beacon score. Has anyone had one and has it helped your credit in any way? Any advice would be great!!

  • #281094

    Anonymous

    It’s a start. Buy some jewelry – finance half of it. Pay it off early. You can build up your credit and get a non secured card pretty easily. Even if it only has a few hundred limit it’s ok.

  • #288381

    Anonymous

    Yes they do help your credit, that’s the main reason people get them. You would have a hard time getting a normal credit card without a credit history, but either type of card, secured or unsecured will help get you there. Just keep you balance paid down and don’t let it revolve.

  • #290417

    Anonymous

    yep, its a perfect way to begin to build your credit and will eventually lead to other non secured offers

You must be logged in to reply to this topic.

Register New Account
Reset Password