Posts Tagged ‘Secured Credit Card’

 

How long does it take a credit card company to process a credit card application?

Sunday, August 15th, 2010
Nimz asked:


I just submitted an application for a secured credit card about a week ago and the credit card company debited the $200 from my checking account that I would need for a security deposit and I still haven’t received my credit card yet. When do you expect that I should receive my credit card?

Jeff

 

How much should i charge on my secured credit card to get the best credit rating?

Wednesday, August 19th, 2009
HKR4444 asked:


How much should i charge on my secured credit card to get the best credit rating?

I can charge up to $500 on my secured credit card and want to know how much should I charge on my secured credit card to get the best credit rating. I need to build credit because I got none.
I’ll be paying it off every month.

I’m wondering how much I should charge on my secured credit card every month out of my $500 maximum.

Eddie

 

Is a secured credit card a good way to establish credit?

Wednesday, November 5th, 2008
yeah!!! asked:


I have no credit history cause i’ve never had a credit card or borrowed money or anything and I want to establish credit now. well I applied for a credit card that required a deposit..secured credit card will that help boost my credit and how high will my score go once i start establishing credit?

Troy