Secured Credit Card Impacts Credit Score

The speaker provides an explanation of what a secured credit card is and how it differs from an unsecured credit card.  A secured credit card is backed by collateral while unsecured is not.

He mentions that secured credit cards are utilized by those who are establishing credit for the first time or trying to rebuild their credit.  Once a solid history is built up, the borrower may elect to receive a unsecured credit card.
Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...
Day Trading Simulator provides the ability to simulate day trading 24 hours a day from anywhere in the world. TradingSim provides tick by tick data for...

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