Which of the Following Are True Regarding Secured Credit Cards

question 43

Multiple Choice

Which of the following are true regarding secured credit cards?

• A)A secured credit card requires a security deposit equalling the credit limit of the card
• B)If payments are not received,the credit card company can receive its money by cashing in the security deposit
• C)Secured credit cards are ideal for those who are starting to build credit or who are trying to rebuild their credit history
• D)All of the options are correct.

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A person, often a student or recent graduate, who works within an organization for a limited period of time to gain work experience, usually at a low salary or without pay.

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