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Some banks have "secured" credit cards. They require a deposit, and issue a credit card for a credit value less than your bank deposit. This is a marketing tech
by redtexture 12y ago
Some banks have "secured" credit cards. They require a deposit, and issue a credit card for a credit value less than your bank deposit. This is a marketing technique for people who have bad credit, and need to re-establish credit. Use the card, pay it off immediately. Repeat.
Then in six months to a year, apply for other credit cards, perhaps with same bank, perhaps with others.