Define secured credit

define secured credit

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What Is A Secured Credit Card?
A secured credit card is a type of credit card that is backed by a cash deposit, which serves as collateral should you default on payments. A secured card. What is a Secured Credit Card? It is a type of Credit Card that requires cash deposit from the customer. This payment serves as a security for the Card and. The term credit card usually refers to the 'unsecured' category of cards where no collateral is pledged. However, there are 'secured' credit.
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  • define secured credit
    account_circle Zurn
    calendar_month 27.05.2021
    It is more than word!
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