If you need a credit card and have bad credit or lack credit history, then a secured card is the way to go. They work by giving the bank a deposit for your credit limit. They will hold this in case you do not pay the bank back. So if you send them $300, they will send you a card with a $300 dollar limit. Your deposit will be held in a savings account and you will owe them whatever you charge. You must make payments every month which will be reported to the credit bureaus and will help you rebuild your credit. You can search for the best deal on a secured credit card at Checkrates.com Secured Credit Cards.
Good luck in your quest.
