Definitions for "Secured Credit Cards"
Keywords:  rebuild, poor, debit, dposit, trying
A credit card normally used by those with a poor credit history and now trying to rebuild their credit rating. The credit limit is actually funds that you have previously deposited. It is in affect much like a debit card but with the benefits of a credit card.
Credit cards that require a deposit of funds prior to use. Card usage reduces the positive balance. The most common type is a Prepaid Debit card.
A type of credit card that is secured with some form of collateral, like a bank CD. With these cards, the amount of credit you get depends on how much collateral you can put up.
Keywords:  great, tool, financial
a great financial tool