Can a secure credit card help raise your credit score and how?

Public Comments

1. it can help u if u pay the bill on time...
2. as long as you keep up payments other wise it can hinder your credit score when you pay for your credit it shows you are responsible in paying on time, therefor as time goes on & your prove you are responable person then you can get your credit raised higher or get credit an other place with out any hassels..
3. As long as you use them correctly and pay your bills on time, you can use a secured credit card to boost your credit score the same as a regular credit card. Just make sure to never exceed 30% of your credit limit in any given month and pay before the due date.
4. It's just like a regular credit card the only difference is that you apply your own limit. These secured credit card companies report to all three credit bureaus as if it were a reg credit card so you will actually be building credit history which increases your credit score. how ever just because you have a credit card does not mean that your score will increase there are certain things that you must do inorder to fully see the best results of score increase which is to make payments ON TIME, EVERY MONTH. One late fee can DESTORY your credit score. and second, do not charge more than 25-30% of credit limit on your card. so if your limit is $200 do not keep a balance of $50 or more on card. Basically these are the two very impoirtant and easy things you can do that will increase your score.
5. try to use $7 out of $100 on your CL for three month.thanks me in three month.
6. It shows up on your credit reports as a regular credit card. So as long as you are responsible with it it will boost your credit score.