In this episode, I delve into the realm of secured credit cards. They serve as a viable alternative for individuals grappling with poor credit or lacking a credit history, often facing hurdles in securing approval for traditional credit cards. The distinguishing feature of these cards lies in their requirement of a cash deposit, offering reassurance to the card issuer in the event of non-payment by the cardholder.   Typically, most secured cards mandate a deposit ranging from $200 to $300, although exceptions exist, including one card with a lower deposit option. While every secured card permits deposits exceeding the minimum threshold, many impose a cap on the maximum deposit amount.   Tune in to this podcast episode for an insightful exploration of secured credit cards and their role in kickstarting and rejuvenating your credit journey.   Resources Credit Builder Card https://www.creditbuildercard.com/pdixonconsulting    Capital One Quicksilver Secured Cash Rewards Credit Card https://www.capitalone.com/credit-cards/platinum-secured/    Discover It® Secured Card https://www.discover.com/credit-cards/secured/    It’$ My Money Academy https://www.itsmymoneyacademy.com/     Connect with the host, Patrina Dixon +Instagram https://www.instagram.com/itsmymoney_/    +Facebook https://www.facebook.com/profile.php?id=100013355082005    +Twitter https://twitter.com/itsmymoney_    +YouTube https://youtube.com/c/It%E2%80%99sMyMoneywithPatrinaDixon    +Pinterest https://pin.it/5x8rOTp    +Website http://www.itsmymoneyjournal.info/