Secured Credit Card Reviews
Secured Credit Card Reviews
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The First Progress Platinum Elite MasterCard® Secured Credit Card from First Progress helps you establish or rebuild your credit. This is an authentic Platinum MasterCard that does not look at your credit history or credit score. Begin the easy online application and get fast approval to the card that will put you on track to establishing the credit you deserve.
No credit history, no minimum credit score required: Since this is a secured credit card, you can get approved even if you have a limited or less than ideal credit history. Get approved fast and receive your card more quickly by applying online through the new expedited processing option.
Reporting to major credit bureaus: What's great about The First Progress Platinum Elite MasterCard® Secured Credit Card is that your efforts to establish credit will be reported to the three major credit bureaus every month. These monthly reports recognize your attempts to build credit and are important in helping you establish a credit history in good standing.
Refundable security deposit: When you apply, you'll also submit a security deposit between $300 - $2,000. This fully refundable deposit secures your credit line. Once you are a card member and have your balance paid off, you can get your deposit back whenever you close the account.
Platinum MasterCard reputation: As an authentic credit card, The First Progress Platinum Elite MasterCard® Secured Credit Card carries worldwide MasterCard recognition. It's a full-featured Platinum MasterCard® Secured Credit Card good anywhere credit cards are accepted. Whether you're paying for groceries, looking to rent a car, or even booking a hotel, you'll know you're building credit the right way!
The First Progress Platinum Elite MasterCard® Secured Credit Card lets you enjoy a true credit experience, including 24/7 online account access. Remember, there is no credit history or minimum credit score required for approval, making it easy for you to establish the credit you need. The card is part of a nationwide program, so join countless others on their journey to establish credit and apply today for The First Progress Platinum Elite MasterCard® Secured Credit Card!
Secured Credit Cards
The use of credit cards have become common practice for internet shopping, car rentals, travel reservations and so much more. Unfortunately, people that have had some past glitches in their credit history know how hard it can be to qualify for a credit card.
Secured credit cards give you the freedom of having a credit card, without the strict requirements of having to qualify for one. A secured credit card works differently than most credit cards. You must first make a cash payment, in advance, in order to use your secured credit card. After responsible use of the card, the secured credit card company will typically allow some credit without a deposit. This can ultimately improve your credit score and start improving your credit history.
All secured credit card companies work a little differently, so it's important to consider the following aspects:
TopConsumerReviews.com has reviewed and ranked the best secured credit cards available today. We hope these reviews help you find the right secred credit card that meets your needs!
How a Secured Credit Card Can Help Rebuild Your Credit
If you've had some tough financial times you're probably experiencing a lot of hesitancy from creditors when it comes to approving your car or home loan application, a new credit card or even small business loan. Creditors want to see that you can spend responsibly and very importantly, that your monthly payments will show up on-time and as expected. There are several ways to improve your credit but obtaining a secured credit card is one place to start and here's why:
Once you've obtained a secured credit card and a line of credit it's imperative you continue to prove your credit worthiness with the following steps:
If you're working to improve your credit score start with a secured credit card and, from the start, make every effort to demonstrate responsible spending to earn and keep a line of credit. Payments must be sent early each month and avoid utilizing the full line of credit for best results.
Secured Credit Cards In The News
There are some credit cards out there just for students, but they can be hard to get approved for. Instead, you can become an authorized user on your parents' card, which means they'll still be responsible for paying the debt, or get a secured card ...
Published: Tue, 22 May 2018 07:59:00 GMT
Credit-card companies declined to give Business Insider specific data on how the number of claims has increased over time. Earny, which was founded in May 2016 and secured a fresh round of $9 million in funding in December, monitors prices from dozens of ...
Published: Tue, 22 May 2018 12:50:38 GMT
NOW Inc. (NYSE: DNOW) announced today that it has replaced its existing senior secured credit facility and entered into a new senior secured credit facility with a syndicate of lenders, with Wells Fargo Bank, National Association serving as the ...
Published: Mon, 30 Apr 2018 09:56:00 GMT
One of the easiest ways to build credit and improve a credit score is to open a secured credit card. Whether you're young and new to credit, or are looking to improve your credit score because of past financial problems, a secured credit card can help.
Published: Thu, 05 Apr 2018 09:04:00 GMT
If you are applying for a secured credit card, your own cash is used as collateral. You can even use a savings or investment account to secure a loan. For some secured loans, like high-fee payday or title loans, the barrier to entry is very low.
Published: Sat, 03 Mar 2018 03:35:00 GMT
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