What kind of card is Fingerhut? Is it secured or... - Limited/Bad/Fair Credit Questions

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Questions » User Questions » Limited/Bad/Fair Credit » What kind of card is Fingerhut? Is it secured or unsecured? I have bad credit and I hired...

What kind of card is Fingerhut? Is it secured or unsecured? I have bad credit and I hired a paralegal agent to help me remedy my credit. He told me to get a secured or unsecured card to start building some good credit history while we work on removing the bad ones to bolster and speed up my credit repairing. Basically what I am asking is if this card would be a wise investment and how exactly it would benefit me. Thank you in advance for your advice.

Answered on
Add to Favorites:

Tags: , ,

WebBank/Fingerhut Credit Account is an unsecured shopping account which can only be used at fingerhut.com. You can buy almost everything there that you need and build credit at the same time. Your activity on the account will be reported to the major credit bureaus, so if you make payments on time and stay within the credit limit you will be able improve your credit scores. You can consider secured credit cards as well. They are widely accepted and are the same as unsecured credit cards except one thing – they require a security deposit. The deposit is usually about $200, but you can pay more if you want a higher credit line. Secured credit cards are reported to the credit bureaus as well.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
See if you Pre-Qualify without harming your credit score
For Poor Credit
Easy pre-qualification process which does not affect your credit score
For Bad/Poor Credit
No Annual Fee. See WebBank/Fingerhut Credit Account Terms.
For Bad Credit

Other Questions in
Limited/Bad/Fair Credit