How can I avoid being scammed by deceptive ads for secured credit cards?
Be watchful for important information that the advertiser has left out: • Offers of easy credit. No one can guarantee to get you credit. Before deciding whether to give you a credit card, legitimate credit providers examine your credit report. • A call to a ‘900’ number for a credit card. You pay for calls with a ‘900’ prefix – and you may never receive a credit card. • Credit cards offered by “credit repair” companies or “credit clinics.” These businesses also may offer to clean up your credit history for a fee. However, you can correct genuine mistakes or outdated information yourself by contacting credit bureaus directly. Remember that only time and good credit habits will restore your credit-worthiness.
