How to Change a Secured to an Unsecured Credit Card?

Answer As beginners start to research how credit card lending works, they will come across two basic kinds of credit cards: secured and unsecured. These two descriptions of credit lines actually have to d... Read More »

Top Q&A For: How to Change a Secured to an Unsecured Credit ...

Is a revolving credit plan unsecured or secured?

Examples of revolving credit plans include home equity lines of credit and credit cards. A home equity line of credit is secured using the equity in your home. Most credit cards are unsecured and d... 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 »

Does a secured credit card look just like a regular credit card?

A secured credit card differs from a standard credit card in the fact that the borrower must make a deposit to the credit card company to protect the company from the likelihood of default. Merchan... Read More »

Does using a secured credit card for a business improve your credit?

On One Hand: Business Credit.Businesses have their own credit scores that are different from your personal credit score. A secured credit card obtained under the business' name will affect the busi... Read More »