Secured Credit Cards - Learn About Them, Apply For Them, Or Market Them At CreditCardBroker.com
Hello, My name is Emanuele Intorrella, Founder of CreditCardBroker.com. Our office is in Middletown NY.
I thought I would share our video on secured credit cards with your all.
Here is my contact information if you have any questions: Emanuele Intorrella 973-220-5801 firstname.lastname@example.org If you would like to apply for a secured credit card you can apply here: http://www.creditcardbroker.com/secured-credit-cards/
If you would like to market secured cards and earn commissions please contact me Video On Secured Credit Cards: Script of the video: Hello and Today you will learn about secured credit cards, how they can help, and where you can apply for one. Have you been refused a credit card in the past? CreditCardBroker.com has a possible solution for you! Apply for a secured credit card.
About Secured Cards:
-Designed for people who want to establish or build a credit history
- Give access to a credit line to use
-Payments report to major credit bureaus
-You typically need to deposit cash as collateral for your credit limit (commonly from $200 to $2000)
About Secured Cards Continued:
-Most secured cards will have an annual fee, possibly other fees
-APR’s will be higher than an unsecured card
-Commonly your credit limit is what you deposit as collateral
-Be sure to read the terms and conditions
Typical requirements to obtain a secured card:
-You need the ability to make minimum payments so your income should be more than expenses.
-You need proper identification
-Past bankruptcies must be discharged
Tips once you get a secured card:
-Show the bank you can responsibly own a credit card!
-NEVER make a late payment
-Pay your bill on time each month
-Pay your balance in full OR pay more than your minimum payment each month.
-Never charge more than 10% of your total credit limit.
When applying for a secured card:
-Have your bank account information handy so you can deposit your money with the bank.
-Be sure to set 15 minutes aside to fill out the online application
-Have are your personal information handy
-Be sure it reports to all 3 credit bureaus
How long should I keep a secured credit card?
Keep your card active as long as possible. Closing an account can potentially reduce creditworthiness. I was refused a secured card.
Any other options?
-You do have other options.
-Ask a friend or family member if they can make you an “authorized user” on their account.
-There are no requirements to qualify and you will build a credit history with each on-time monthly payment. (Bank must be reporting) -Get a cosigner.
About CreditCardBroker.com CreditCardBroker.com is your online resource for credit cards, loans, merchant account, credit reports, and other financial products.
If you are interested in applying for a secured credit card, we have some offers for you to review on our website, CreditCardBroker.com! Where can I apply for a secured credit card?
Visit: http://www.creditcardbroker.com/secured-credit-cards/ and apply online today!