Secured Credit Cards

Have you had credit issues in the past?

Do you want to establish a credit history? can help if you’ve have had past credit issues or would like to just establish credit, than a secured credit card might be an option to consider.

A secured credit card is a credit card that is secured by a savings account. You simply deposit a sum of money into a savings account. This account is pledged to the card company meaning you will not be able to use the funds in the savings account. Your credit limit will be based on the amount you pledge. The savings account is set up in your name in an interest bearing account, but if you default or don’t pay your credit card bill the card issuer can transfer what you owe to pay your credit card balance.

Secured credit cards may be a great choice to consider if you had past credit problems and are having trouble being approved for a credit card. If you are consistent and make your payments on time, you will eventually qualify for an unsecured card.

Apply for A Secured Credit Card Now