Which type of credit involves a set limit based on what a consumer pays up front? loans installment credit secured credit cards unsecured credit cards.

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asked Apr 21, 2022 92.4k views

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Joss Kirk · Answer 1 · 2022-04-25T03:40:04+0000

ans: Secured credit cards.

explanation: Secured credit cards refer to credit cards that offer credit secured by a cash deposit from the cardholder. The deposit secures the card issuer from loss in case the cardholder is unable to cover the debt.

Which type of credit involves a set limit based on what a consumer pays up front? loans installment credit secured credit cards unsecured credit cards.

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