💨 Abstract

In the article, US News & World Report discusses two types of credit cards for individuals starting to build credit - student credit cards and secured credit cards. Student credit cards are designed for young adults and offer rewards, benefits, and no annual fee, while secured credit cards require a security deposit as collateral and have lower approval requirements. Factors to consider when deciding between the two include personal finance practice, credit history, and preference for a safety net.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖