I'm a 30 year old immigrant to the USA. Until just a few weeks ago my credit was non-existent. I have never in my life needed a line of credit and me and my wife own our mobile home and car outright.
What is the best way to use my secured credit card? I've been told to leave a balance on the credit card of a few bucks so that I'm paying interest on it, and make one or two purchases a month and pay those off (keeping a couple of bucks on there).
Is there any truth to that? I purely want to build my score.
Also, my goal would be then to get a true credit card. I have been denied for a couple before I got my secure credit card. Now that I have this, how long should I wait until I apply for one again?
Submitted May 18, 2017 at 10:09AM by jaytea86 http://ift.tt/2qwWIsU
