Michael asked in Business & FinanceCredit · 8 months ago

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? 

1 Answer

  • Anonymous
    8 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.

Still have questions? Get answers by asking now.