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Credit Cards Q&A

Q: I'm trying to build my credit and have been using a secured credit card for a few months. I recently applied for a standard credit card but got turned down. Is it best to continue using this card, or should I apply for another type of credit card, such as a department store or gas card?
A: Congratulations for getting started on building a sound credit history with your secured card! As you continue, it makes sense to apply for a department store or gas credit card. These can be easier for first-time borrowers to obtain and are a great way to demonstrate responsible credit use over time. Once you have a steady record with the secured card and a department store or gas card, your credit score should improve and you may start receiving standard offers in the mail.
Now that you know more about credit scores, sign up for TransUnion Credit Monitoring today and receive your credit report & score.
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