Shannon Perry at Seattlepi.com, outlines some great ideas for persons with little or no credit who are looking for a credit card. In this piece she shares the virtues of secured credit cards. She sees secured credit cards as the solid way to respectable credit history.
- Secured cards require you to put up money in a savings account as security.
- You are actually operating on credit.
- Your collateral savings earn interest.
- You can use the card anywhere credit cards are accepted.
- These cards report to credit bureaus.
To find out more, visit her post here.
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