Ask Terry Questions Secured credit card for 21 year old

Secured credit card for 21 year old

By Terry Savage on February 21, 2020 | Credit/Debt

Is a secured credit card from Bank the best way to start a 21 year old’s credit history?

Terry Says

That’s the perfect way to start building a credit history. You deposit money in a savings account, and it becomes your line of credit for a Visa or MasterCard. Charge something every month –and then pay it off IN FULL and ON TIME. That’s the way to build a good credit report. Click here for a link to the CompareCards.com website list of best secured cards.

Recent Credit/Debt Questions

money

ASK TERRY

a personal
finance question