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Tag Archives: unsecured credit cards

What are unsecured credit cards?

Secured credit cards are backed with cash deposit when you open a new account. Your limit is usually equal to your deposit limit. So if you have $300 deposit, you will have $300 limit.   The credit card issuers don’t like risk. So the deposit is very helpfull for them. …

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Can unsecured credit cards take your house?

Credit card commitment, not in the slightest degree like home advance commitment, is unsecured commitment. This suggests your credit card association can’t come in a flash take your stuff — including your home or auto — when you don’t pay. Having said that, if you fall behind on credit cards, …

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