Here’s a great strategy to follow for using a secured credit card to build credit. Use it and your score will start to see an increase in about 6 months.
1 – Use the card every month for a very small amount like $10 or $20.
2 – Pay the balance in full and on time every month, by signing up for automatic payments.
3 – Watch your score improve over time!
The strategy is simple. Use your card often, keep the utilization low, and pay on time.