Credit cards and much more
The credit card company may be breaking the law, to boot: Levying monthly or weekly fees is slimy, but charging application fees is illegal. If a credit card company asks you for an application fee, notify the financial authorities. How long will I need to own a secured credit card before I can get a regular credit card? You will need to prove your creditworthiness. You can do that by seeing that the credit card company gets all your payments on time and taking steps to improve your credit rating. Most issuers of secured credit cards will watch for about a year before offering you an unsecured card.