Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

What is a secured credit card and how does it work.

Sagot :

saraashley
A secured credit card is a card that requires a cash security deposit when you open the account. The deposit reduces the risk to the credit card issuer: If you don't pay your bill, the issuer can take the money from your deposit. That's why these cards are available to people with bad credit or no credit.
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.