Posts Tagged "secured credit card"

Using secured credit cards to improve credit history

Dear Experian,

What is your opinion about using secured credit cards to improve credit history, especially if there is no current history (last entries were in 2004)?


Secured credit card can help build credit history and credit scores

Dear Experian,

A bank has a new credit card for those with poor credit. They say you have to put down a $300 deposit, and after that deposit they’ll give you the card. The bank told me it will help me bring up my credit score. Is that true?


Secured credit card application denied, but not by Experian

Dear Experian,

In order to establish credit, I recently deposited $500 into a checking account and applied for a secured credit card. I received a letter from Experian stating that the secured credit card application was denied based on my past credit history. If the credit card is secured by the money in the account, why is my past credit history being considered by Experian?


Secured credit card could help build a positive credit history

Dear Experian,

Will a secured credit card establish and built a credit score for my 19-year-old son?


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