Hi, I am looking to build my credit.
My credit score is really low
I never had a credit card(s) nor any loans.
Nothing derogatory on my credit report.
What I was thinking is getting a Capital One Secured CC.
It would give me a limit of 200$
I am obviously not looking to spend money I don’t have but if I had this secured card I could pay for some of my monthly subscriptions like Chewy and or Hulu. Makes sense to use the secured card to help build my credit up.
Now where I get confused is some places I read or watched on YouTube have said do not pay the bill in full? Also you should use 30% of the card each month. The APR confuses me too. How does that get calculated ? Paying in full avoids the apr charges? Sorry I never had credit or a loan before.