Are you thinking about getting a secured credit card? If yes, here are top ten questions and answers that you need to consider.1. What is a secured credit card?
It is a type of credit card that requires the submission of cash deposit. The deposit made will often determine your credit limit although some Issuers offer a slightly higher or lower limit than the amount of cash deposited.
2. How do I apply for a secured credit card?
Most banks and credit card issuers have their own version of a secured credit card. You can personally apply from your local bank or send an application online. Credit unions may also offer secured credit cards for those with bad credit history. As a member of the union, you may be able to get a lower interest rate and lower fees.
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FAQs for People In Need of A Secured Credit Card
Resource/s:
Prepaid Credit Cards
prepaid cell phone service
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