The Tomo Credit Card is a charge card specifically designed for individuals with no credit check credit cards who want to build their credit score without the risk of accumulating debt. Here's a quick summary:
Key features:
No credit check: Doesn't require a credit check to apply, making it accessible to individuals with limited credit history.
Charge card: Requires full payment of the balance by the due date, preventing any potential for revolving debt and interest charges.
Credit building: Timely payments are reported to credit bureaus, potentially helping improve your credit score over time.
Secured option unavailable: Doesn't offer a secured card option, which requires a security deposit.