Tips on How to Build Your Credit Score Using Credit Cards
All About Credit Cards Credit cards can be a great help in your life for helping your manage your finances. Not only are they good for building good credit, but they also can give you a backup plan, in case of times where you incur unintended financial burdens. Tips on How To Build Your Credit Score Using Credit Card With Bad Credit Consider Applying for a Prepaid Debit Card If you have poor credit and want to repair it, consider a prepaid debit card. This type of credit card can usually be found at your local bank. You can only use the money that you have loaded onto the card, but it is used as a real credit card, with payments and statements. Make sure that this debit card reports your transactions to credit bureaus. Consider Getting a Secured Credit Card A secured credit card will require you to open a savings account before a card is issued. If you ever default on a payment, the money from that account will be used to pay off the card and any late fees. This is a good way to beg...