2013年11月25日星期一

How does the secured credit card work?

  • visa credit card
  • accept credit card payments
  • virtual credit card
  • wire money online with credit card
  • us bank credit card processing
  • business secured credit card
  • platinum zero secured visa credit card
  • secured credit card for small business
  • accounting online training
As far as I know....a secured credit card is when you put your own line of credit on the card. (Does this mean physically taking money from your bank account and putting it on the card....or is it a loan you borrow from?)


You treat the SCC as a normal credit card and pay monthly statements and have a APR and annual rate as well......I think O_o?


If I were to miss a monthly statement or....over charge the card....our make any mistakes would that harm my credit since the secured credit card is similar to a credit card??


I haven't got one yet....but I'm thinking on it.



Also by applying for a secured credit card can you be denied for any reason?


I'm 19, work at Old Navy and....yea

How does the secured credit card work?

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