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Originally Posted by PR_Tom
nah I dont think that ONE secured card hurts. Get one, use it once a month, pay it PROMPTLY and perfectly on time, every single time. Not only will they let you get your deposit back in a year or so (check terms for that info), but it helps you establish credit worthiness. Plus pay every bill on time, every time.
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exactly right.
Very important tip also: My mortgage broker advised me to keep all credit cards at below 50% of their balance - very underrated credit tip