Which type of credit involves a set limit based on what a consumer pays up front?

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asked Apr 2, 2016 168k views

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Roco CTZ · Answer 1 · 2016-04-08T18:24:28+0000

This would be referring to a "secured" credit card account. These are usually used when people have either bad credit or no credit, and want to build their credit report rating.

Which type of credit involves a set limit based on what a consumer pays up front?

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