The reason that secured credit cards are the easiest credit cards to get is simple: you have to pay to get them. With a regular credit card, you are borrowing the bank’s money. A secured credit card is different. You deposit your own money as security first, then the bank issues you a credit card for the amount you deposited. In essence, you are paying to borrow your own money.
Why would you want to do that? It’s the easiest way to establish your credit. As long as you pay the payment on time, you’ll be building up a positive credit history so that you’ll be able to borrow money for real in the future-without putting up security for the loan.
Using a secured credit card is a very effective method to establish credit. Anything that has monthly payments and reports them to a credit bureau helps. If you can, try to get some of the utilties in your name too. If you are sharing an apartment with other students, you take a bit of a risk by putting things in your name, but as long as you pay on time, you’re the one who will emerge with favorable entries on your credit report. Before you know it, you’ll have good enough credit to buy a car or even a house.