If i get a pre-paid credit card will it help improve my credit score?

Answer 1

No. Your credit improves by showing that you pay back money you've borrowed in full and on time. With a pre-paid card, you don't borrow anything, so it doesn't improve your credit. It's a catch-22, but it is surmountable. First Premier Bank offers a credit card for people with bad or no credit, Orchard Bank does as well. You'll have to pay a few dollars to apply, but it's a real credit card, with a real limit, and it will really improve your credit.

Answer 2

The best way to increase your credit score is to first get a credit report. Transunion and other companies keep track of your credit score and are actually not affiliated with your credit card company. By looking at your credit score, Transunion and others will tell you how you can improve your score.

Answer 3

No. Your score is based on how well you show you are responsible with money. Do you pay bills on time? Are you overextended on credit? Do you own property or are you making loan payments? The card you get has nothing to do with this.

Answer 4

your not very smart are you,how would that work thats like asking if you could help your credit score with a gift card

Answer 5

contact/ credit one bank card services. for a annual fee of 54.99 and 2 years they will restore your credit rating.

Answer 6

nope

Answer 7

None what so ever.

Answer 8

If you use it well...which is hardly at all...so no

Answer 9

no it will not

Answer 10

no it will not