Reported 4 days ago
Secured credit cards are valuable financial tools for individuals looking to build or rebuild their credit history. These cards require an upfront cash deposit, which serves as collateral, making them easier to obtain than unsecured cards. With responsible use, including making timely payments and maintaining low credit utilization, cardholders can improve their credit scores. Some of the best options available include the Chime Credit Builder Card, Capital One's Quicksilver, and Bank of America's Customized Cash Rewards Card, each offering various features like cashback, no annual fees, and the potential for upgrading to unsecured cards.
Source: YAHOO