Prepaid Credit Cards?

Kaley Lappas: If you imply the ones playing cards they promote in retail outlets, no. They are just about reward card and don't seem to be pronounced to credit score bureaus. If you imply a secured bank card, sure. You supply the financial institution a distinctive amount of cash(5 hundred to one thousand, they're hardly ever issued for extra). When that quantity is exhausted your account will probably be evaluated and is also improved for the identical quantity or it can be raised. You do not must spend plenty to get a well credit score ranking, 25 to 50 greenbacks a month will do it and pay it off in complete each month. Exhausting your credit score line makes you appear like a foul hazard, like a individual who overspends. Good Luck!...Show more

Floyd Labuda: Go to a local credit union or bank and get a secured credit card. There is no such thing as a prepaid credit card, only a prepaid debit card. A secured credit card is a credit card that has a financial backi! ng so the bank is taking less of a risk. You must have money on hand to back the credit card and make sure they report to the credit bureaus as not all do.

Shena Etulain: capital one is the best choice

Antone Youla: Your first step is to get a checking account.A credit card company will want to see one in good standing for a year.A savings account with 6 months worth of emergency living expenses will also be beneficial.New requirements are that you must have at least one year's worth of employment with income to support a credit card. Federal Requirements issued ot credit card companies.If you have a checking and a savings, consider a secured card.But only if you are over 20, since it still won't turn into a credit card until you are 21 and have good employment. And they carry an annal fee.No games with these secured cards- replace the money in full each month.^^ Just like you would use a credit card - no games of carrying balances that can easily destroy cred! it scores...Show more

Ronnie Panas: Look into a secured ! credit card. Prepaid cards don't report to the agencies.