Best credit card companies to build credit history
Date: Fri, 03/26/2010 - 05:06
I'm young and trying to build my credit history. Which are the best credit card companies for those who want to build their credit?
Your best bet would be a secured card. Those are cards you pay
Your best bet would be a secured card. Those are cards you pay say $200 and that is your limit. It is a good way to build your credit history.
Hi Golden, I have heard that some secured card companies don't r
Hi Golden, I have heard that some secured card companies don't report the limit to the bureaus. How my FICO score would then be calculated if no limit is mentioned?
You'll have to take care of that before applying, as the purpose
You'll have to take care of that before applying, as the purpose of the secured card is to re-establish your credit history. Ensure that the creditor reports to all the three major credit bureaus.
Some credit card companies allow secured credit cards to get converted to unsecured cards after you make timely payments for a certain period.
