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What is credit cards are considered?
unsecured debt
What credit cards will allow you to have a cosigner?
unsecured
Are there any unsecured credit cards you can apply for if you have bad credit or no credit?
There ain't any!
What is the most common form of credit used by consumer?
Revolving unsecured credit accounts (credit cards).
Are credit cards the same as cash?
NO, cash is money you have and probably earned....credit cards are monies not earned by you, hence an unsecured loan.
What is credit cards are considered?
unsecured debt
What credit cards will allow you to have a cosigner?
unsecured
Are there any unsecured credit cards you can apply for if you have bad credit or no credit?
There ain't any!
What unsecured credit cards are good for those with bad credit?
Prepaid credit cards are the only ones that are not "unsecured." Credit cards are unsecured. Lenders offer different credit products, including cards with minimum limits ($250-$300) for customers with credit difficulties. Capital One offers a credit card with a $300 limit for this purpose; however, it is often extended only to former customers. Check your eligibility at www.capitalone.com
Would I get a better rate with unsecured credit cards?
Unsecured credit cards can give you better rates and reward programs, however these things must be balanced against the risk of credit problems if something goes wrong.
What kind of bankruptcy is it called when you only include credit cards?
Chapter 7. The credit cards would be unsecured debts.
What is the most common form of credit used by consumer?
Revolving unsecured credit accounts (credit cards).
Which companies offer unsecured credit cards for people with a bad credit rating?
Many different banks offer unsecured credit cards for people with bad credit. An example would be the Capital One Classic Platinum card, which can be ordered by people with a credit score as low as 577. Another option is to apply for a secured credit card, which can later be converted to an unsecured credit card.
Are credit cards the same as cash?
NO, cash is money you have and probably earned....credit cards are monies not earned by you, hence an unsecured loan.
Can you explain what the difference is between unsecured and secured business credit cards?
Unsecured credit cards allow free spending with a credit limit. They are the most common type of credit card and are based upon trust. Secured credit cards are backed by funds that are pre-paid into the account or collateral. They are more like a loan.
What credit card can you get without you having credit?
Typical credit cards are unsecured credit cards. If you have no credit history, you cannot get an unsecured card. Instead, you must apply for a secured credit card. It works kind of like a savings account. Say you give them $300 then they give you a credit card with a $300 limit.
What are unsecured credit cards?
Unsecured credit cards do not imply any deposit before you can start using them. In other words, the bank looks through your credit history and entrusts a certain amount of credit to you, being sure that you will pay it back, without leaving any security deposit.
