does a debit card repair credit in the same way that a secured credit card does? if not, what's the best secured credit card out there (lowest cost, etc.)
A debit card does not appear on your credit report. A debit card is linked to your checking account and has a Visa or Mastercard logo so that you can buy things over the Internet, over the phone, or at a store without having to enter a pin number.
Secured credit cards are sometimes just a scam, so be careful. The best way to build credit is to get a savings or CD secured loan through a bank.
I got a lot of good info here: http://www.creditscorebooster.com?a_aid=...
|
