Please tell me your experience with using a secured credit card to improve your credit?
I am opening a secured credit card with my bank on Monday in an effort to build positive credit since I have a low score. To those who have used this option, how effective was it for you? Did you see a substantial improvement over 6-12 months?
- Anonymous8 months ago
You cannot build or rebuild credit quickly. But you will see improvement in 6-12 months.
It wont be enough to buy a brand new car on credit with a part time job.