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 »

To build personal credit, is it best to pay total balance on a secured credit card or just pay the minimum req?

How to Repair Bad Credit with a Partially Secured Credit Card?

Secured credit cards require you to make a deposit into a bank account. Initially, the amount on deposit becomes your credit line and acts as collateral for the loan. Over time, you may become elig... Read More »