Comments on: Can Secured Credit Cards Lead You To Good Credit? http://www.badcreditresources.com/articles/can-secured-credit-cards-lead-you-to-good-credit/?utm_source=rss&utm_medium=rss&utm_campaign=can-secured-credit-cards-lead-you-to-good-credit To help you get the financing you deserve, rely on the experts. Thu, 19 Jan 2012 00:31:51 +0000 hourly 1 http://wordpress.org/?v= By: All You Need to Know About Secured Credit Cards http://www.badcreditresources.com/articles/can-secured-credit-cards-lead-you-to-good-credit/comment-page-1/#comment-1015 All You Need to Know About Secured Credit Cards Thu, 11 Mar 2010 00:42:42 +0000 #comment-1015 [...] Can Secured Credit Cards Lead You To Good Credit? [...] [...] Can Secured Credit Cards Lead You To Good Credit? [...]

]]> By: admin http://www.badcreditresources.com/articles/can-secured-credit-cards-lead-you-to-good-credit/comment-page-1/#comment-923 admin Fri, 19 Feb 2010 04:45:52 +0000 #comment-923 well here in the US its in the terms of service that if you don't pay on your secured credit card they will keep your security deposit. Thats why most of them make the credit card limit equal to the amount they kept as security. My best friend had a secured card for about a year before it became unsecured. Shelly made all the payments and they made her card unsecured and offered to leave her security deposit in their bank in a newly formed savings account or mail her a check. She opted to get the check. I think anyone trying to rebuild their credit can't go wrong with a secured credit card. If they plan on defaulting on the debt secured credit cards are not the way to go. Liz well here in the US its in the terms of service that if you don’t pay on your secured credit card they will keep your security deposit. Thats why most of them make the credit card limit equal to the amount they kept as security. My best friend had a secured card for about a year before it became unsecured. Shelly made all the payments and they made her card unsecured and offered to leave her security deposit in their bank in a newly formed savings account or mail her a check. She opted to get the check. I think anyone trying to rebuild their credit can’t go wrong with a secured credit card. If they plan on defaulting on the debt secured credit cards are not the way to go. Liz

]]> By: Anonymous http://www.badcreditresources.com/articles/can-secured-credit-cards-lead-you-to-good-credit/comment-page-1/#comment-719 Anonymous Fri, 11 Dec 2009 21:54:38 +0000 #comment-719 I wonder how often secured credit cards are "written off". Meaning, how often the creditor says "I have your money and now I'm keeping it because you're not paying". Great article! I wonder how often secured credit cards are “written off”. Meaning, how often the creditor says “I have your money and now I’m keeping it because you’re not paying”.

Great article!

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