14+ Unique Ways Do You Need A Credit Card To Build Credit. Your credit score will start to drop once you reach 30% utilization. For example, student credit cards typically have an income requirement, which is hard to meet if you’re going to school full time.

To build credit with a secured credit card, apply for a secured card and place a refundable security deposit to open an account, then use the account responsibly by paying the bill on time and in full every month and keeping your credit utilization low.every month you have the secured credit card, the card issuer will report information about your account to major. Consider becoming an authorized user. Plus, you'll pay no annual fee.
Continue reading “14+ Unique Ways Do You Need A Credit Card To Build Credit”