@Anonymous wrote:
@laz98 wrote:
I'm going to keep an eye on this thread. I've been looking around for a secured card for my nephew, who has no credit at all right now. Thanks for all the info posted so far.
Most all secured cards are easier to get with no credit, than with bad credit.
Really? That's good to know. I have often heard the opposite with credit cards in general, that bad credit is better than none at all. Just have to find something with a low limit so he doesn't get tempted & carried away. Seems a lot out there have high interest rates & (low) annual fees. Got a couple of options so far. I wonder if it would be easier to get him a Walmart card instead.
(Yes, I want him to learn to PIF, but until he does, he doesn't need to be paying 20+% interest.)
