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2. What’s the difference between secured and unsecured credit cards?

   www.aol.com/finance/difference-between-secured...

   For example, if you apply for a secured credit card and put down a $200 deposit as collateral, you’ll typically qualify for a $200 line of credit as a result.

3. Secured vs. unsecured debt: What’s the difference? - AOL

   www.aol.com/finance/secured-vs-unsecured-debt...

   In the worst of cases, your creditor may send the account to collections. Examples of unsecured debt. Credit cards: These are a type of revolving debt that allows you to spend as you go. There are ...

4. 8 best secured credit cards to help build or repair your credit

   www.aol.com/finance/8-best-secured-credit-cards...

   Reporting to credit bureaus: If the purpose of your secured card is to build or repair your credit, it’s crucial that the card and issuer you choose report your payment history to all three ...

5. Secured transactions in the United States - Wikipedia

   en.wikipedia.org/wiki/Secured_transactions_in...

   Secured transactions in the United States are an important part of the law and economy of the country. By enabling lenders to take a security interest in collateral (that is, the assets of debtors ), the law of secured transactions provides lenders with assurance of legal relief in case of default by the borrower.

6. Direct deposit - Wikipedia

   en.wikipedia.org/wiki/Direct_deposit

   A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account.Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.

7. Controlled payment number - Wikipedia

   en.wikipedia.org/wiki/Controlled_payment_number

   January 2009, MasterCard and Cyota Inc. acquired the controlled payment number system developed by Orbiscom, a Dublin-based payment processing company. [2] In the United States, the system is used by the following credit card issuers: Bank of America "ShopSafe" (inherited when it acquired MBNA) (and now discontinued-see below) [3] and Citibank "Virtual Account Numbers". [4]

8. What is a secured credit card and how does it work? - AOL

   www.aol.com/finance/secured-credit-card-does...

   This form of credit requires a cash deposit to secure a line of credit. However, despite having to pay a deposit, secured credit cards function like traditional credit cards when it comes to ...

9. What happens if you don’t pay your secured credit card bill?

   www.aol.com/finance/happens-don-t-pay-secured...

   The consequences aren’t that different from failing to pay an unsecured credit card bill — you can damage your credit or be charged fees — but there is one significant difference with a ...