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How do you know if your credit card is secured?

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βˆ™ 2011-07-19 23:17:14

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A secured credit card is a card on which you load money to be used by you. You will know if your credit card is secured if you must put money on it to use it.

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βˆ™ 2011-07-19 23:17:14
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Related questions

Will secured credit card improved my credit?

Will secured credit card improve my creddit


What is a secured credit card?

a credit card that is secured by a deposit of your own money


Where would you apply for a secured corporate credit card?

You can talk to your corporation's bank about getting a secured corporate credit card. They will give you everything you need to know to apply for the credit card you need.


I can't get a credit card anywhere what can I do?

Try a secured credit card


How can one apply for a secured credit card?

One can apply for a secured credit card by phone or in person. Some banks also allow applicants to apply online on their website.A secured credit card is harder to qualify for than a regular credit card.


How do you establish credit for the first time?

The best way to establish credit is to start with a secured card. With a secured credit card, your regular payments will be reported to the credit bureaus.


Is a credit card a secured loan?

No. A Credit Card is a simple form of a revolving loan with a limit but is typically not secured by any asset.


Is a credit card secured on meez?

yes.indeed it is we never use are kept your credit card number in our computer so you are 100% secured


What is the Difference Between a consumer credit card and a secured credit card?

A consumer credit card is issued to you on good faith that you will build debt and pay it off. A secured credit card is issued to you for the amount that you deposit into a secured savings account. The debt you charge to your card cannot exceed the amount that you have in your account. Once you show good faith that you are responsible enough to maintain your credit to debt ratio and pay your bills on time, the company may offer you a consumer card in place of the secured card. A secured credit card is a great way to establish credit.


What is the difference between a credit card and a secured credit card?

A consumer credit card is issued to you on good faith that you will build debt and pay it off. A secured credit card is issued to you for the amount that you deposit into a secured savings account. The debt you charge to your card cannot exceed the amount that you have in your account. Once you show good faith that you are responsible enough to maintain your credit to debt ratio and pay your bills on time, the company may offer you a consumer card in place of the secured card. A secured credit card is a great way to establish credit.


What do secured credit cards mean?

A secured credit card is a credit card for people with poor credit ratings that must deposit the desired amount on money before using the card. The card is similar to a pre-paid credit card that allows credit ratings to get better.


Will a secured credit card help to build or restore your credit score?

A secured credit card is one issued by any financial institution that have a certain amount guaranteed by you. Secured credit cards will help to restore your credit ratings and scores.

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