Why Should I Sign Up for a Secured Credit Card?
(WorldNews Business)

Credit cards are useful tools for establishing yourself as a responsible payer in the eyes of financial institutions. Use them properly, and you`ll build a history that will make it easier for you to get bigger loans and secure better interest rates. But if your credit report is riddled with late payments and maxed-out credit cards, you`ll have trouble finding financial institutions willing to lend to you. That`s where secured credit cards come in. They`re designed to help individuals with poor credit -- generally considered to be a credit score that`s 630 or below, though some set the threshold as high as 650 -- build or rebuild their creditworthiness over time. Secured cards are similar to...