Are credit cards unsecured?

Answer Credit cards are considered unsecured debt because they have nothing put up as collateral to secure them other than your promise to repay, according to Bankruptcy Home. Loans are secured when you p... Read More »

Top Q&A For: Are credit cards unsecured

Unsecured Credit Cards for People With Poor Credit?

Once your credit falls apart, your options for opening a credit-card account are limited. You will need unsecured credit credit cards to rebuild your credit and make purchases that require a deposi... Read More »

What Happens If You Cannot Pay Your Unsecured Credit Cards?

A layoff, medical problem or sudden car repair can deplete financial reserves and create payment delays, even against your best intentions. Making the decision to forgo even the monthly payment on ... Read More »

How to Find Unsecured Credit Cards With Bad Credit?

For individuals who have negative marks on their credit ratings, borrowing money can be a lot tougher than it is for those with excellent credit scores. Finding a variety of lending options with ba... Read More »

What is the difference between secured&unsecured credit cards?

There are two primary classes of credit cards: secured and unsecured. The primary difference between the two is how they are funded, or backed. Your credit history often determines which card is ri... Read More »