Credit Glossary Definition (English)
Secured Credit Card Defined
The following is in context to Credit, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"A credit card secured by a savings account that has been established in advance by the borrower. The amount in the account usually determines the limit on the credit card. These accounts present no real risk factor for creditors and are therefore much easier to obtain."
Additional Languages
Additional Secured Credit Card Definition Starting Points
The following links are listed in alphabetical order. Please note we cannot guarantee Secured Credit Card definitions are contextually accurate to Credit at third party websites.
Expert Dictionary: Secured Credit Card
Dictionary: Secured Credit Card
