Secured Visa Cards
A secured visa cards is used to build or repair your credit, sometimes it can happen that you don’t have no credit history, or you have bad credit, so the only solution it’s to get one. Sometimes this is the only solution even for bankruptcy.
The Home Trust provides you a card and this is the best way to prove that you can handle credit. This works exactly like a regular visa, you can use it to reserve a hotel, rent a car, reserve a boat, make purchases over the internet, or over the phone, or access cash in ATMs around the globe, displaying the visa logo, with the limit of your credit.
If you pay on schedule you will repair your credit, this can be as simple as that, in the end Home Trust will report your credit activity to your credit bureau, and you will repair your credit.
Those cards have all a minimum deposit of 1000$, this amount is hold by the company, and operates under an approval rate of 95%, if you don’t have the minimum to start the process you can apply for a secured mastercard, this works almost like the visa card but this only requires a minimum deposit of $500.
Home trust secured visa cards it’s the best way to repair your historical of bad credit, simply because it have high approval rates and virtually all get approved but in reality the approval rate is over 95%, that’s mainly because they only let you play with your money, but can give credibility in the long run, and provides you credit repair, and will allow you to build or rebuild a solid credit rating. It’s important to know that only if you have a source of income you can apply for this credit, and those who are not currently in bankruptcy.
Some features of secured visa cards
This have a Minimum/Maximum 1,000/10,000, you can start with the minimum and then request a credit line increase, you will have an account set-up fee of $39, you only pay this one time, then you will pay 7,5 every month on service fee, the interest rate on purchases and cash advance is 24,99%, and you will pay a fee every time you use ATMs that vary from $2 to $5,50, this are the main features.
The process will take 2 or 3 week, and you will have to be at least 18 years old.
The process will take 2 or 3 week, and you will have to be at least 18 years old, a credit card it’s a necessity so everyone should have access to one, this card can be accepted at over 24 million locations worldwide.
If you need to cancel your card, you simply pay off the amount on your monthly balance, and you will receive you deposit and the interest earned.
