yes, that is how young people, people new to our country with new socials and no credit history get started and then if they manage that secured acct well it will "graduate" into a regular account and will be able to soon open other accounts---keep balances under 40-50% of total available credit limit at ALL times and do not go over limit or make any late payments at all- will be happy with results in 6-8 months
It can affect you for short time. If you want to build your credit, probably the best method is to apply for a secure credit card (Bank of America for example). This card works like a regular credit card, only you're using your own money. Let's say you put in the account 500$; you will have a credit with 500$ limit. Nobody can see that you have a secure credit card 'cause it's working like a unsecured one. That card should help you increase your credit score.
vanquis is basicly a credit card company that will give you a credit card regardless of your credit score. you will be able to get a credit card and will allow you to get a better credit score
There's no need to have a credit card to get your credit score. You can use various web based services in order to get your credit score for free -- no credit card required. See the source links for links to sites that can help provide more information on checking your credit score.
No, but it doesn't help your credit score either. In order to build and maintain your credit score, you need to use credit on a monthly basis.
Yes a small business credit card will help raise your credit score you will just need to make sure to pay off things on time and keep up with your bills otherwise it can work against you.
If you have poor credit history and are looking for a secure corporate credit card, you can search on creditcards.com to help you match the perfect card to you. It can help you search by credit history, credit score, rewards, fees, and much more.
It can affect you for short time. If you want to build your credit, probably the best method is to apply for a secure credit card (Bank of America for example). This card works like a regular credit card, only you're using your own money. Let's say you put in the account 500$; you will have a credit with 500$ limit. Nobody can see that you have a secure credit card 'cause it's working like a unsecured one. That card should help you increase your credit score.
vanquis is basicly a credit card company that will give you a credit card regardless of your credit score. you will be able to get a credit card and will allow you to get a better credit score
There's no need to have a credit card to get your credit score. You can use various web based services in order to get your credit score for free -- no credit card required. See the source links for links to sites that can help provide more information on checking your credit score.
No, but it doesn't help your credit score either. In order to build and maintain your credit score, you need to use credit on a monthly basis.
If you want to get a business credit card, it is best to keep your personal and business finances separated. There are sites that can help you. businessfinance.com should be able to help you. I could not find the necessary credit score.
There are many factors that go into your credit score and cancelling a card, such as how long you have had the card and how large of a balance there is on your other cards. In order to help you make an informed decision based on your specific situation I would read this article http://www.creditcards.com/credit-card-news/cancel-credit-card-and-impact-credit-score-1267.php
No.
Yes a small business credit card will help raise your credit score you will just need to make sure to pay off things on time and keep up with your bills otherwise it can work against you.
"Vanquish Credit Cards help improve your credit score in a few very simple ways. The first is that they help you find and correct whatever is wrong with your current credit score. Second is they help you chose a credit card that works for you, starting with low maximums that you can raise by simply paying your credit card bill on time. Vanquish tries to provide easy ways for you to obtain good credit, even something so simple as registering for electoral roll. As long as you pay the credit card bill on time, and do not go over your maximum you'll see yourself building a new and improved credit card history and credit score in no time!"
yes!
When you feel like your finances and credit score can handle another credit card is when you should apply for another one. I would advise you to go to a trusted company like Capital One to apply. Their site is very secure and full of useful information to help you make that decision.