Secured Cards http://www.aboutsecuredcards.com/secured-cards/ Secured Cards is your one-stop resource for all things secure. Find out all you need to know about secured cards today. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Secured Cards Secured cards can be an effective way to build or re-establish your credit history. However, some marketers of secured cards make deceptive advertising claims to entice you to respond to their ads. There are some things you may wish to keep in mind. Bothsecured cards and unsecured credit cards can be used to pay for goods and services. However, a secured card requires you to open and maintain a savings account as security; an unsecured card does not. More Comparisons Between Secured Cards and Unsecured Cards Unsecured cards are for big boys, whereas secured cards are for kids who want to feel like a grown-up. They are the minor leagues of credit cards. More like Little League. Or tee ball. The required savings deposit for secured credit cards may range from a few hundred to several thousand dollars. The amount you can charge on your card is a percentage of your deposit, typically 50 to 100 percent. Usually, a bank will pay interest on your deposit. In addition, you also may have to pay application and processing fees — sometimes totaling hundreds of dollars. Before you apply, be sure to ask what the total fees are and whether they will be refunded if you’re denied. Typically, secured cards require an annual fee and has a higher interest rate than an unsecured card. More info about secured cards If you’re considering a secured card as a way to build or re-establish a credit record, make sure the issuer reports to a bureau. Otherwise it could be a scam. Frauds like to offer fake secured cards from places like Eastern Europe or South America as a way to steal money from stupid Americans. People are criminals, and should be treated like such. Make sure what you are getting are secured Visa cards, because that way you know Visa backs it up and won’t take money out of your account. Not unless you owe it to them anyway. It’s a sort of legal crime, credit cards. Just another way to rip off suckers. So when you consider secured cards, consider that you are a sucker who will be taken advantage of. Sat, 26 Jul 2008 15:00:00 EDT Secured Visa Cards http://www.aboutsecuredcards.com/secured-cards/secured-visa-cards.html Secured Visa cards is your first and last stop for information. Learn everything about secured Visa cards today. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 Secured Credit Cards http://www.aboutsecuredcards.com/secured-cards/secured-credit-cards.html Secured credit cards are more vital today than ever, which is why we’ve set up this comprehensive information site designed to answer all your secured credit cards questions. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0