05-08-2009 12:07 PM
Most CU secured credit cards don't charge an annual fee (compared to $20-75+ for others via banks). As long as you do your homework, they should report to all 3 credit bureas. CU's are generally percieved as having more stable business models and less likely to drastically cut your credit line or jack up your interest rate at a moments notice. Also many pay interest on the security deposit.
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