Discover it® Secured Credit Card

Build or rebuild your credit with Discover it® Secured Card.

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Build or Rebuild Your Credit with Discover it® Secured Card.

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Get Your Credit on the Right Track.

Build or rebuild your credit with Discover it® Secured Card.

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Get Your Credit on the Right Track with Our Secured Card 

Build or rebuild your credit with Discover it® Secured Card. 

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Build or Rebuild Your Credit with Discover it® Secured Card

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Applying for credit cards can be confusing and frustrating if you have a bad credit history. One of the most effective ways to repair your credit score is to make on-time payments on a credit card. Of course, it can be difficult to be accepted for a credit card with a poor credit history, creating a cycle that can discourage you from attempting to fix bad credit.

The good news is there are plenty of credit cards specifically designed for people wanting to improve their credit score. Here are some tips on how to improve your credit score by choosing the right credit cards for bad credit.

Low Purchase APR Credit Card

These cards offer the lowest interest rate, and some even offer introductory rates of 0% for 6 to 12 months. This allows you to make purchases without accumulating any interest. With a lighter or nonexistent load of interest to pay off, you are more likely to make on-time payments that will help repair your credit score. Low APR credit cards may also provide rewards programs, including cash back and points that can be redeemed for specific expenses such as air travel.

Balance Transfer Credit Card

A bad credit history often means carrying a substantial amount of credit card debt that relentlessly and painfully accumulates interest. Consider a balance transfer credit card as a way of shifting high-interest debt to a low-interest credit card. Many balance transfers include a fee, but some cards offer favorable terms, including introductory 0% APR and 0% transfer fees. With those terms, a balance transfer card allows you to put the money saved on interest toward your existing credit card debt. Lowering your debt can help repair your credit score.

Discover it® Secured Credit Card

Build or rebuild your credit with Discover it® Secured Card.

Sponsored

Build or Rebuild Your Credit with Discover it® Secured Card.

Sponsored

Get Your Credit on the Right Track.

Build or rebuild your credit with Discover it® Secured Card.

See Our Secured Card

Sponsored

Get Your Credit on the Right Track with Our Secured Card 

Build or rebuild your credit with Discover it® Secured Card. 

Sponsored

Build or Rebuild Your Credit with Discover it® Secured Card

Get 2% cash back on gas and restaurants with Discover it Chrome for students. Go for it.

Secured Credit Cards

If you have a poor credit history, getting approved for a traditional credit card may not be possible. One of the most common strategies for building or repairing credit is, instead, using a secured credit card. Secured credit cards differ from traditional, unsecured cards in that they require a cash deposit. Your credit limit will usually equal the amount of this deposit. Secured credit cards report activity to the major credit bureaus, so paying your balance on time and in full can help you build a positive credit history. Some cards will even review your account to see if you qualify to receive your security deposit back and transition to a traditional card. You may also be able to apply to increase your credit line.

You Have Options

A bad credit history does not necessarily mean a bad credit future. Even if you’ve struggled to make payments in the past, there are plenty of options to help you get back on track. It’s never too late to start repairing your credit history. Remember, one of the most effective strategies for raising your credit score is making consistent, on-time payments and keeping your balance as low as possible. These cards give you the flexibility and opportunity to show your renewed commitment to responsible credit management.

Resources:

1.https://www.creditkarma.com/shop/creditcards/secured_cards

2.https://www.creditkarma.com/shop/creditcards/balance_transfer

3.http://www.creditcards.com/bad-credit.php

4.https://www.creditkarma.com/shop/creditcards/poor-credit

Legal Disclaimer: This site is for educational purposes and is not a substitute for professional advice. The material on this site is not intended to provide legal, investment, or financial advice and does not indicate the availability of any Discover product or service. It does not guarantee that Discover offers or endorses a product or service. For specific advice about your unique circumstances, you may wish to consult a qualified professional.

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    Build or Rebuild Your Credit with Discover it® Secured Card

    Get 2% cash back on gas and restaurants with Discover it Chrome for students. Go for it.
Build or rebuild your credit with Discover it Secured Card. More Details.