New Delhi, Oct. 15 -- If you are focused on building your credit history while still enjoying the comfort of regular credit card usage, a secured credit card can be of immense help. These credit instruments are backed by collateral such as fixed deposits, providing holders and lending institutions with safety and peace of mind.

Secured credit cards can help borrowers establish consistent and clean repayment profiles, thereby boosting their credit scores.

A secured credit card backed by a fixed deposit can help you rebuild your credit history. Regular, timely payments boost your credit score, improve your profile, and make future loan approvals easier. Lending institutions generally prefer applications with credit scores of over 750 or a...