Credit cards for the "credit challenged"

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.