• How to Start Building Your Credit

    10 days ago - By RIS Media

    Your first credit card can be the start to building your financial future. Just remember, how you use it can affect you for years down the road.
    For example, build a good credit score and you could see lower interest rates on home and auto loans, and receive better credit card perks. Make too many mistakes with a first card, however, and you could have less financial flexibility. Landlords, lenders and utility companies could view a low credit score as a risky customer for them and deny you services, or at least charge you more for them.
    Start by only using your new credit card for...
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  • The Benefits of a Secured Credit Card

    10 days ago - By RIS Media

    Unable to get a credit card? If so, it may be harder for you to build a good credit rating, making everyday life tasks like making a hotel, plane or car reservation a little more difficult. The same goes for loan approvals.
    A secured card can help those who don't qualify for a regular credit card to establish or repair a poor credit history. But what is a secured credit card and how do you get one?
    You'll Need a Deposit
    These cards use your cash as a deposit for your spending funds, unlike regular credit cards which don't require collateral.
    For example, if you put $1,000 in the account...
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