Five Things To Know Before Applying For a Secured Credit Card by Kathleen Munden

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Consumers whose credit scores have been devastated by bankruptcy, divorce, or job loss often turn to secured credit cards in an effort to rebuild their credit. While this can be an effective method for increasing your credit score, not all secured cards are created equal, and you must make sure you are getting the best deal and that the card will have the desired effect on your credit rating.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Robert Kraft, Kraft & Associates | Attorney Advertising

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