January 18, 2023
WalletHub recently published an article where Greg Stoller, Senior Lecturer of Strategy and Innovation, discusses which secured credit cards are best to build credit, out of over 1,500 options.
Based on _WalletHub’s_ Editors’ Picks, Stoller describes the benefits of each chart-topping credit card, and answers FAQs of those looking to find the best. Stoller advises how to find the best secured credit cards, offers tips to maximize the benefits of using a secured credit card, and elaborates on why he believes some of the biggest and best credit card companies don’t offer secured credit cards. For those looking to maximize a credit card, Stoller suggests that,
“The allure of a secured card is that people who have poor credit (or no credit) are still able to enjoy the benefits of having a credit card. That is not something to be treated lightly. In a world of data-driven analysis where FICO scores affect so much of what we can accomplish, this is a major boon for certain people.”