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Adjunct Professor David Leach talks about how to improve your credit scores in WalletHub article

UMA Adjunct Professor of Banking, David Leach talks about how to improve your credit scores in a recent WalletHub article:

Credit Cards for Bad Credit

WalletHub

How can people improve their credit scores using a credit card for bad credit?

Consumers that are faced with secured credit cards as their only immediate option for a credit card generally have very challenged credit scores, or limited or very poor credit histories. Once they are approved for that card, and use it responsibly (make on-time payments and never let their ending monthly balance  after they have made their payment exceed 1/3rd of the card’s credit limit), they should gradually see their credit score increase  as long all their other credit accounts are being handed ‘as agreed.’

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University of Maine at Augusta