Credit Building in US
Unsecured Credit Cards
Unsecured Credit Cards
Unsecured Credit Cards
build your credit with the convenience of paying with a credit card
Pros
- no security deposit is needed
- pay no interest as long as you pay your balance by the due date
Cons
- will likely have a low initial credit limit
- might have high interest rates or annual fees
Secured Credit Cards
Unsecured Credit Cards
Unsecured Credit Cards
build your credit with the convenience of paying with a secured card
Pros
- easier to qualify , does not require any credit history or check
- pay no interest as long as you pay your balance by the due date
Cons
- security deposit is required
- will likely have high interest rates or annual fees secured cards
Credit Builder Loans
Unsecured Credit Cards
Credit Builder Loans
build your credit while saving money and getting interest payments
Pros
- easier to qualify , does not require any credit history or check
- it prevents you from getting into debt
Cons
- cannot be used to make payments
- will likely have program fees