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Secured credit card

A Credit card linked to a Savings account. The funds contained in the Account may be claimed by the company issuing the card in the event that the holder fails to make the necessary payments. This arrangement allows the Issuer to take on riskier Credit card applicants.

Related Terms: 13 Account, Credit card, Car, Claim, Credit, Fund, Issuer, Low, Lows, Risk, Range, Savings account, Sue
Other Related Pages: Category: Lending_and_Credit Starting With: S
Semi Related Terms: 454 CLICK HERE TO VIEW
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return, Risk, Reading the tape, Receive against payment, Receive versus payment, Regulation D, Regulation G, Regulation T, Regulation U, Restricted account, Regulated investment company, Range, Regional fund, Registered Retirement Savings Plan, Reinvestment risk, Red herring, Registered Company, Regulation A, Reverse Take-Over, Right to Know, Revolving line of credit, Risk/return trade-off, Risk arbitrage, Risk-averse, Risk management, Risk neutral, Risk premium, Risk seeking, Return on Capital Employed, Risk capital, SG&A, Savings account, Savings and Loan, Savings Association Insurance Fund, Savings bank, Savings deposits, Sight letter of credit, S&L, Stop payment, Savings Bond, Sinking fund, Sell the book, Sweep account, Savings rate, Systemic risk, Savings element, Second-to-die insurance, Separate account, Stock life insurance company, Sue, Secured credit card, Single-payment loan, Standard payment calculation, Sector fund, Series fund, Socially responsible fund, Specialized fund, 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worst, Y shares