What are the differences between a secured and unsecured credit card?

What are the differences between a secured and unsecured credit card?
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1 Answer

Answer :

I have never heard of credit card that is unsecured. So you better off check with the proper legal bank's credit card then apply for one, don't put yourself into the scam.
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Related questions

What is the difference between a secured and unsecured credit card?

Description : What is the difference between a secured and unsecured credit card?

Last Answer : A secured credit card is a credit card that requires a security deposit. Secured credit cards are generally for individuals whose credit is damaged or who have no credit history. Your credit line will ... credit. http://lmgtfy.com/?q=What+is+the+difference+between+a+secured+and+unsecured+credit+card

Can you explain what the difference is between unsecured and secured business credit cards?

Description : Can you explain what the difference is between unsecured and secured business credit cards?

Last Answer : 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.

Do you pay more interest on unsecured loans than on secured ones?

Description : Do you pay more interest on unsecured loans than on secured ones?

Last Answer : Interest rates are typically higher on unsecured loans rather than on secured loans. This is because there is no collateral backing the loan.

hi i wanted to download the free chapter 7 form which pertains to listing all my secured debts and unsecured debts. which form is this. there are so many and im confused. is there a link you could send me thanks?

Description : hi i wanted to download the free chapter 7 form which pertains to listing all my secured debts and unsecured debts. which form is this. there are so many and im confused. is there a link you could send me thanks?

Last Answer : I'm not sure if you can file all this on one form. The list of unsecured debts can be listed on the following form: http://www.uscourts.gov/rules/BK_Forms_1207/B_004_1207f.pdf

What is the difference between a secured loan and a unsecured loan?

Description : What is the difference between a secured loan and a unsecured loan?

Last Answer : A secured loan is a loan where you have to provide some form of collateral. An unsecured loan is where you do not but the interest is very high and typically is not provided by legitimate financial institutions.

A part of debt instruments that are converted into Equity shares in the future at notice of the issuer is called _________ A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Description : A part of debt instruments that are converted into Equity shares in the future at notice of the issuer is called _________ A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Last Answer : B. Partly Convertible Debentures (PCD) Explanation: A part of these instruments are converted into Equity shares in the future at notice of the issuer. The issuer decides the ratio for conversion. This is normally decided at the time of subscription.

Under ______ debentures, if the issuer fails on payment of either the principal or interest amount, his assets can be sold to repay the liability to the investors A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Description : Under ______ debentures, if the issuer fails on payment of either the principal or interest amount, his assets can be sold to repay the liability to the investors A. Secured Debentures B. ... ) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Last Answer : A. Secured Debentures Explanation: These instruments are secured by a charge on the fixed assets of the issuer company. So if the issuer fails on payment of either the principal or interest amount, his assets can be sold to repay the liability to the investors.

In which of the following conversion the investors enjoy the same status as ordinary shareholders of the company? A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Description : In which of the following conversion the investors enjoy the same status as ordinary shareholders of the company? A. Secured Debentures B. Partly Convertible Debentures (PCD) C. Fully convertible Debentures (FCD) D. Optionally Convertible Debentures (OCD) E. Unsecured Debentures

Last Answer : C. Fully convertible Debentures (FCD) Explanation: These are fully convertible into Equity shares at the issuer‘s notice. The ratio of conversion is decided by the issuer. Upon conversion the investors enjoy the same status as ordinary shareholders of the company.

Any sum due to an employee out of provident fund is an example of : a) Unsecured creditors b) Preferential creditors c) Secured creditors d) Partly secured creditor

Description : Any sum due to an employee out of provident fund is an example of : a) Unsecured creditors b) Preferential creditors c) Secured creditors d) Partly secured creditor

Last Answer : b) Preferential creditors

Liability for compensation under Workmen’s Compensation Act is treated a) Secured creditor b) Preferential creditor c) Over – riding preferential creditor d) Unsecured creditor

Description : Liability for compensation under Workmen’s Compensation Act is treated a) Secured creditor b) Preferential creditor c) Over – riding preferential creditor d) Unsecured creditor

Last Answer : Over – riding preferential creditor

Amount of calls in advance is treated as a) Secured creditor b) Preferential creditor c) Asset not specifically pledged d) Unsecured creditor

Description : Amount of calls in advance is treated as a) Secured creditor b) Preferential creditor c) Asset not specifically pledged d) Unsecured creditor

Last Answer : b) Preferential creditor

______Card can be issued to parties for undertaking any activities coming under the purview to direct finance to agriculture.(a) secured b) unsecured c) Fixed )

Description : ______Card can be issued to parties for undertaking any activities coming under the purview to direct finance to agriculture.(a) secured b) unsecured c) Fixed )

Last Answer : b) unsecured

What do you think about getting a secured credit card to increase your bad credit? Is it worth paying for credit?

Description : What do you think about getting a secured credit card to increase your bad credit? Is it worth paying for credit?

Last Answer : answer:No. No credit card is going to help your credit report if you have to pay to open the account. Sorry, that's just not the way it works. If you want to increase your good credit, pay ... they are due. If you already have bad debt, make a point of clearing it off your credit report.

Who has the best secured credit card offer?

Description : Who has the best secured credit card offer?

Last Answer : Your local credit union. Support local businesses, especially your credit unions!

Where can I size up secured credit card charges?

Description : Where can I size up secured credit card charges?

Last Answer : Your best bet to compare credit cards is to look at each credit card separately from there related companies.However, there are some third party companies (such as kanetix) that will do the work for you.

Where can I get a prepaid secured credit card?

Description : Where can I get a prepaid secured credit card?

Last Answer : Russell Simmons offers a card called the rush card. You can sign up on the rushcard.com site and also receive and additional $5.

Build Credit with a Secured Credit Card?

Description : Build Credit with a Secured Credit Card?

Last Answer : It is possible to get a credit card with bad credit, even if you have previously been turned down. Choose a credit card company that allows you the option of securing your own credit card, meaning ... you to build up your credit again, while allowing you the freedom and convenience of a credit card.

Credit card facility is an excellent example of revolving credit_____(a) Cash credit b) secured credit c) revolving credit)

Description : Credit card facility is an excellent example of revolving credit_____(a) Cash credit b) secured credit c) revolving credit)

Last Answer : c) revolving credit)

Does unsecured loan affect the credit score?

Description : Does unsecured loan affect the credit score?

Last Answer : Not only unsecured loans, but any loan you take affect your credit score.If you are paying the EMIs regularly without delay then it will boost your credit score and vice-versa.If you are interested in ... com, submit your details and choose the bank with best interest rates. It's as easy as that.

Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note

Description : Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note

Last Answer : a. ICD

Does Bank of America offer secured business credit cards?

Description : Does Bank of America offer secured business credit cards?

Last Answer : Bank of America is a huge, well established corporation which offers multiple types or credit cards. You can apply for a secure business card by phone or online application.

Are there specific secured business credit cards for small business owners?

Description : Are there specific secured business credit cards for small business owners?

Last Answer : There are many institutions that offer secured business credit cards. This means that you are responsible for your own limits. Some of the better companies are Capital One, Visa and American Express.

The franked articles will be tendered at the counter secured in separate bundles and identification of the licensee’s representative must accompanied a) Ration card b) Aadhar card c) Window delivery ticket d) Id card

Description : The franked articles will be tendered at the counter secured in separate bundles and identification of the licensee’s representative must accompanied a) Ration card b) Aadhar card c) Window delivery ticket d) Id card

Last Answer : c) Window delivery ticket

Should people who knowingly keep loaded and unsecured firearms in the house, when there is a mentally ill person living in the house, be charged as an accessory if the mentally ill person goes on a rampage and kills a bunch of people?

Description : Should people who knowingly keep loaded and unsecured firearms in the house, when there is a mentally ill person living in the house, be charged as an accessory if the mentally ill person goes on a rampage and kills a bunch of people?

Last Answer : Good question. I’d say they should have some kind of responsibility. They should at least be charged with having no common sense. (For those that are going to tell me that’s not a crime, I know. It’s a joke)

How dangerous is it to use an unsecured WiFi network?

Description : How dangerous is it to use an unsecured WiFi network?

Last Answer : answer:There are risks, but there is not an army of evil-doers with agents at every Starbucks awaiting innocent victims. And there are easy ways to minimize risk. Lifehacker - ... of airport wi-fi honeypots http://www.bettnet.com/blog/index.php/weblog/travel_tip_beware_of_airport_wi_fi_honeypots/

What are the disadvantages to having an unsecured wireless network?

Description : What are the disadvantages to having an unsecured wireless network?

Last Answer : People can easily connect and get free Internet, which can considerably slow your connection down. Also, if somome gets your IP they’ll easily be able to get into your computer and documents. You should definitely secure your network.

Where is the best place to get an unsecured personal loan for debt consolidation of around $19k?

Description : Where is the best place to get an unsecured personal loan for debt consolidation of around $19k?

Last Answer : You might want to check out Propser, a peer-to-peer lending site.

Which bank provides unsecured banking services ?

Description : Which bank provides unsecured banking services ?

Last Answer : Grameen Bank provides unsecured banking services.

How to Obtain an Unsecured Personal Loan to Pay for College Expenses?

Description : How to Obtain an Unsecured Personal Loan to Pay for College Expenses?

Last Answer : If you need additional money for college, consider applying for an unsecured personal loan. Many students utilize personal loans to help pay for their college education. Even if you currently receive federal ... on your credit report, the lender may be hesitant to approve your loan application. So,

What questions should you ask about unsecured loans?

Description : What questions should you ask about unsecured loans?

Last Answer : Review the Truth in Lending statement so that you understand the rate of interest and what it means in the overall repayment of the loan. Find out if there are penalties for early repayment ... certain number of on-time payments. Read the contract and make sure you understand the terms completely.

Can an unsecured loan be used to buy a personal computer?

Description : Can an unsecured loan be used to buy a personal computer?

Last Answer : Many banks offer unsecured personal loans for people with great credit. If you need a fast personal loan check with Bank of America or chase.

What is an unsecured loan used for?

Description : What is an unsecured loan used for?

Last Answer : The difference between an unsecured loan and a secured loan is very big if for some reason bankruptcy is declared or the loan cannot pay repaid. Secured means that the buyer still needs to repay and unsecured mean he doesn't if bankruptcy is declared.

_________ are long term corporate bonds that are unsecured in nature. A. DCF B. Debentures C. Covenant D. CRAs

Description : _________ are long term corporate bonds that are unsecured in nature. A. DCF B. Debentures C. Covenant D. CRAs

Last Answer : B. Debentures Explanation: A long-term security yielding a fixed rate of interest, issued by a company and secured against assets are known as debentures.

List A in statement of affairs gives in the list of a) Assets specifically pledged b) Assets not specifically pledged c) Preferential creditors d) Unsecured creditors

Description : List A in statement of affairs gives in the list of a) Assets specifically pledged b) Assets not specifically pledged c) Preferential creditors d) Unsecured creditors

Last Answer : b) Assets not specifically pledged

A contributory is a a) Unsecured creditor b) Shareholder c) Preferential creditor

Description : A contributory is a a) Unsecured creditor b) Shareholder c) Preferential creditor

Last Answer : b) Shareholder

Other than raccoons what likes to go through garbage, if not well secured?

Description : Other than raccoons what likes to go through garbage, if not well secured?

Last Answer : Dumpster divers.

Have you ever reached the point that you are ready to walk out on your job (with no other job already secured)?

Description : Have you ever reached the point that you are ready to walk out on your job (with no other job already secured)?

Last Answer : Oh, you have no idea! That’s all I’m sayin’. When the first thought that comes to mind upon opening your eyes in the morning is ” God, I gotta get outta this place” yep…a clue don’t you think? lol

A woman is put in a cement room without windows. The door is mechanically bolted shut and under strict watch so that nobody can come in or out. It is secured in every possible way. 24 hours later, the door is opened, and there are now 2 people inside the room. How is this possible? -Riddles

Description : A woman is put in a cement room without windows. The door is mechanically bolted shut and under strict watch so that nobody can come in or out. It is secured in every possible way. 24 hours later, the door is opened, and there are now 2 people inside the room. How is this possible? -Riddles

Last Answer : The woman was pregnant.

Are server racks secured against an earthquake?

Description : Are server racks secured against an earthquake?

Last Answer : Using racks to keep your IT equipment organized is a safe and efficient method to continue daily operations at a firm. However, the physical nature of the equipment puts it at risk of structural ... include Know your zoneOne among the prior things to check when installing IT equipment is the lo

how is the ball secured to the stem of a hip prosthesis

Description : how is the ball secured to the stem of a hip prosthesis

Last Answer : Need Answer

A total of 1100 votes were polled in a school election for a school head boy. Among three contestants, the first secured `25%` votes more than the sec

Description : A total of 1100 votes were polled in a school election for a school head boy. Among three contestants, the first secured `25%` votes more than the sec

Last Answer : A total of 1100 votes were polled in a school election for a school head boy. Among ... was the third contestant defecated by the first contestant?

In an examination, Salim secured `52%` marks and got 114 marks more than the pass marks and A zam secured `39%` marks and got 36 marks more than the p

Description : In an examination, Salim secured `52%` marks and got 114 marks more than the pass marks and A zam secured `39%` marks and got 36 marks more than the p

Last Answer : In an examination, Salim secured `52%` marks and got 114 marks more than the pass marks and A zam ... (a) The pass mark. (b) The pass percentage.

In an examination, x and y secured 732 and 864 marks respectively. If y secured `72%` marks then find the percentage of marks secured by x.

Description : In an examination, x and y secured 732 and 864 marks respectively. If y secured `72%` marks then find the percentage of marks secured by x.

Last Answer : In an examination, x and y secured 732 and 864 marks respectively. If y secured `72%` marks then find the percentage of marks secured by x.

If You are supervising detainee operations and have just disarmed and secured the detainees what should be done next?

Description : If You are supervising detainee operations and have just disarmed and secured the detainees what should be done next?

Last Answer : Need answer

Why are car loans always secured with collaterals?

Description : Why are car loans always secured with collaterals?

Last Answer : The car can always be repossessed if the owner stops paying offthe loan.

What law secured the northwest territory for the us?

Description : What law secured the northwest territory for the us?

Last Answer : Feel Free to Answer

How is radiator secured in on bracket?

Description : How is radiator secured in on bracket?

Last Answer : Feel Free to Answer

Is your gps unit properly secured to its gps bracket?

Description : Is your gps unit properly secured to its gps bracket?

Last Answer : Yes my gps unit is properly secured to its bracket. I followed the correct instructions that were included during my purchase and everything works fine.

What types of assets can be used to get a secured loan?

Description : What types of assets can be used to get a secured loan?

Last Answer : The assets someone need to own to use as securities for a secured loan would be anything equal to value of the loan such as a car.

Best available secured peer to peer lending, worthwhile.?

Description : Best available secured peer to peer lending, worthwhile.?

Last Answer : Peer to peer lending was originally designed to create personal connections, however, it can be quite problematic. Specifically, with peer to peer lending the chances of money loss is high and the amount ... worth it. Some companies you can find price quotes and reviews on include the Lending Club.