The Best and Worst Secured Credit Cards
Written by David Long on September 5, 2010 – 9:05 pmIf you have bad credit or limited credit history that keeps you from getting approved for a credit card, a secured credit card is a good option, especially if it’s one that reports to the three credit bureaus. Here are three of the best secured credit cards for helping you rebuild your credit.
Unfortunately, not all secured credit cards are good for you. Some have unnecessarily high fees and interest rates. Here are three of the worst secured credit cards. Stay away from these unless you have absolutely no other choice.
It will also help to know how to choose a secured credit card. Of course annual fee and interest should be considered, but also how much of your security deposit goes toward your credit limit.
Secured Credit Card Articles
- What is a Secured Credit Card?
- Rebuilding Credit With Secured Credit
- Pros and Cons of Secured Credit Cards
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Tags: Credit, Secured Credit
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