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How long does it take a secured credit card to start working on your credit ?

Q:
How long does it take a secured credit card to start working on your credit?
Would you consider giving me a hand or at least some advice based on your experience?
Any help appreciated. I really appreciate your help.
Thank you,
Janet

A:
Hi Janet,
Secured Credit Cards usually start taking affect 2 to 6 months on your credit report. This really depends on how much credit you already have. If you have no credit scores , your new secured credit card will take about 6 month to score you. I have helped many people with this and it varies depending on your circumstances. Remember you will need a couple of cards, and maybe one other type of credit once you get established with some secured credit.

Good luck
Mike Clover
CreditScoreQuick.com

This entry was posted on Wednesday, June 24th, 2009 at 5:57 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.



2 Responses to “How long does it take a secured credit card to start working on your credit ?”

  1. Secured Bank Credit Card says:
    October 17, 2010 at 2:55 pm

    Nice blog with real information. I had bad credit and applied and recieved a secured card to rebuild it. This question in particular affects me also. I hope to be able to qualify for a small limit unsecured card in a year. Do you believe that is possible?

  2. CreditGuru says:
    October 17, 2010 at 3:28 pm

    YOu should be able to…. It is secured credit…

Disclaimer: This information has been compiled and provided by CreditScoreQuick.com as an informational service to the public. While our goal is to provide information that will help consumers to manage their credit and debt, this information should not be considered legal advice. Such advice must be specific to the various circumstances of each person's situation, and the general information provided on these pages should not be used as a substitute for the advice of competent legal counsel.