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rl52

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Secured card vs unsecured card. Does it have the same effect on your credit score if paid on time?
I have a secured card and im worried that it may not have as much of a positive effect on my score versus a unsecured card. Is this completely untrue and it doesnt matter whether its secured or unsecured, only if u pay on time and in full and w/a low utilization rate? Also, generally speaking, as long as u pay on time and full w/low utilization, does it not matter what your cards limit is or what type of credit card it is? Thank you.

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Read the articles here so you can learn how credit works and what effects it.  This information will help yo-u for the rest of your life.  Sure hel,ped me!

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No difference to the credit scoring systems. Just make sure that you have a card that is reported to all three credit bureaus. For building credit the amount of the credit line isn't real important, while higher lines can help in other ways, a lower line will work just fine for building credit. The kind of card doesn't matter either.

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