FAQ About Secured Credit Cards

Page 1

FAQ about SECURED CREDIT CARDS


A secured credit card

isn't for everyone


but if you are in process of constructing or rebuilding credit history,

it may just be the tool you need


FAQ about Secured Credit Cards


WHO ARE LOOKING FOR SECURED CREDIT CARD? ●

You might need a secured credit card if you have no credit or poor credit history.

Since approval is not based on your own credit rating, anyone can easily start a guaranteed account with no hassle.


What is a secured credit card? ● It requires a cash deposit from from $200 – $500 ● Secured card provides the cardholder with a credit line ● It can be used much like a regular credit card where you can pay only the minimum due and carry over your balance for the next charging period.


WHAT TO LOOK IN A SECURED CREDIT CARDS ● Will report your payments to the 3 leading credit reporting agencies ● Find a card with a reasonable rates and fees ● Also look for credit card issuer that will allow you to upgrade to unsecured credit card.


FOR MORE DETAILS ABOUT SECURED CREDIT CARDS READ http://www.newhorizon.org/credit-info/a-closer-look-at-secured-credit-cards/

APPLY FOR SECURED CREDIT CARD HERE http://www.newhorizon.org/Info/securedcc.htm


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.