The SCORE Card is not a credit card; it’s a charge card. The way the card works is that you secure any expenditures ahead of time with a monthly deposit. You top up this deposit every month, so that you’re never spending more money than you have.
Some cards are designed to make huge profits off your tenuous financial situation by charging high interest. Instead, we charge only a regular monthly fee of $50 (less if you pay annually) and monthly charge of 2% of your deposit, after an initial fee of 17% percent of your first month’s deposit. We don’t take advantage of your vulnerability. Instead, we give you a clean slate and a chance to improve your reputation as a borrower.
Because it’s not a credit card, you’re not in danger of ending up in over your head. Even if rebuilding your credit feels impossible, we are here to tell you it isn’t. With this new addition to our amazing slate of offerings, anyone can enjoy the convenience and credit-boosting benefits of a charge card.
