What is a secured credit card?
If you have bad credit or no credit history at all, a secured credit card can be a good way to create a positive payment history and build up your credit score.
Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. In addition to CBS, Aly's work has been published in Newsweek, The Wall Street Journal, Business Insider, U.S. News and World Report, Yahoo Finance, and Fortune, among others. She has a bachelor's degree from the Bob Schieffer College of Communication at TCU.
If you have bad credit or no credit history at all, a secured credit card can be a good way to create a positive payment history and build up your credit score.
Calculate how much mortgage you can realistically afford by using these easy online tools.
If you work for a private company, one of the easiest ways to save for retirement is a company-sponsored 401(k) plan. Here's how you can take advantage of the retirement plan that's offered by many employers.