It is a video about secured credit cards. Before I worked at a call center, I never knew anything about credit cards or secured cards. At that time, my credit wasn’t so great. Later, I got a Capital One Card of my own.
The capital massive cards are what I prefer. If you were to get a secured card because they have no annual fees, their interest rate is high on the one I got. I shall provide some tips for those that are intending to invest in getting a car. I know it’s tough, because you have to put the collateral down, but we are using Capital One cards.
When you apply and you can’t wait to put $49 down, the minimum should be is $49. Is there any other Bank that does that? I know some other banks such as Bank of America cards get to put like 100 down or $200 for this one, you’ll have to put a minimum of $49, which depends on your actual credit. However, if you have bad credit, the highest you’d have to put down is 200.
I applied and I had to put a 200 for all our credit lines, because I’ve never had any credit. Navaho is a great card, which requires no annual fee. As far as I know, it is probably the best card on the market. I have some tips or the best way to use it, such as don’t run the credit all the way up, try to keep it around 30% or around 50% of your credit line.
If you max it out, it just does not help your credit score. Using it, you’re able to just keep it around 30 to 40%. In addition, their tips don’t pay, namely the minimum payment every month. If you do that, you’ll get charged with interest, but you’ll know it’s better to pay it over. Even on payment, it’s best to pay the statement balance of the account. No matter how much you charge it for one month, that’s what you need to pay.
I am just starting out with a credit card, which requires a payment history. It’s good to make a few minimum payments underneath the statement balance for a few months. Then you need show the credit card company that you can pay the card and statement balance off every month. At the same time, you receive any interest and your credit will boost. It is another tip, that’s really good as well.
In other cases, if your say you have too many credit cards which you would like to close out.
Because you won, you just can’t keep up with them and don’t need that. As for me, I prefer not to close the oldest card I have. Quite the opposite, for the first account to be closed, if you are going to have to close one, will be the one with a latest record. In a word, I wouldn’t close am account in general, unless I have to.
But if you have to, I wouldn’t close the first one, as I might have forgotten. I do prefer a Capital One card. I have some, which are great cards that I’ve used it for about a month. In addition, I’ve looked at some other cards online, such as Bank of America If you want a secured card and your credits not the best, it is probably the best choice as they have no annual fees.
Before you make your decision and you’ll pick what company you like best and implement some research on some credit cards before you make your decision. All the above are the best advices I can give to you on the on all credit cards and security cards.
After you get your freighter up, you can graduate and apply for a regular credit. Hopefully, I can help people out and give them knowledge, which they can pass on to others as well. Thanks for your time and attention while reading.