The First Progress Secured Credit Card - Poor Credit Rating Card
(Which Way To Pay - 18/1/2012)
The First Progress Secured Credit Card strive's to serve the broadest set of applicants, from those who may have had a less than perfect credit history to others who are just starting out and aim to build a great credit rating. The way the card works is that information on each active credit card is reported on a monthly basis to three major credit bureaus Experian, TransUnion and Equifax.
The system that First Progress has set up can result in seeing your credit rating rise steadily, on the condition that you ensure that all your monthly payments are in check. However the downside to this method is that if you continue to have a poor payment history once you have subscribed to the card, the major credit bureaus will still be alerted and your credit history can be even further negatively impacted, therefore before applying for this card is it important to make sure that you believe you can keep on top of your bills.
The First Progress Secured Credit Card is ranked 3 out of 5. Based on 1 review.

3 Star Rating
1 Star: 1 Star RatingPoor
In relation to other products, has performed badly and has little or no worthwhile benefits.
2 Stars: 2 Star RatingBelow Average
Has some features of value, but in comparison to others performs below standard.
3 Stars: 3 Star RatingAverage
A fair product with regards to its competitors - has no outstanding features or benefits.
4 Stars: 4 Star RatingGood
In comparison to other products performs above standard, has beneficial features.
5 Stars: 5 Star RatingExcellent
Performs well above standard in comparison, has exceptional features and benefits.

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