A secured credit card is where you send the issuing bank a minimum deposit. Deposits can range from $200.00 - $500.00. This deposit is applied to the credit card and becomes the limit in which you can charge. Once the account is established the account is reported to the three major credit reporting agency and within 30 - 60 days a new trade line appears on your credit report.
For a list of secured credit cards click here Credit then on the left side find Search By Credit Quality and begin your research.
For additional help please contact us at your convenience 866-507-7333 and we will be glad to answer any questions you may have.
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