Can Secured Credit Card Help in Building your CIBIL Score?

Credit SudhaarAuthor: This article is contributed by Arun Ramamurthy, Director – CreditSudhaar

It’s funny, isn’t it, when we ask for money from established institutions and they require us to prove that we already have enough or the potential to repay them? Unfortunately for us, every lender needs a guarantee. Credit institutions exist to make our lives easier, but without the certainty that they can make business at the same time, they would cease to exist, too. We’d rather have regulated financial institutions and comply with the financial discipline that is required than fall on hard times

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