Liz Roberts asked: Typically, secured credit cards are issued when the holder is able to offer a type of security deposit to the lender by depositing a pre-arranged amount of money into a savings account, money market or certificate of deposit. This is how it works: Usually, for a small fee, the lender will allow…
Category Archives: Non Fiction
How Using Your Credit Cards Cash Advance Option Can Cripple Your Credit
Devin Hansen asked: We have all done this without realizing the financial repercussions of our actions. But, unless you know how using your credit cards cash advance option can cripple your credit, you may be making the same mistakes over and over. Its so easy to do. You and your friends are going out on…
Credit Cards & College Students: Tips & Advice
Kathy Burns-millyard asked: You may or may not have a credit card… but if you’re a college student, you’re likely getting offers on a near daily basis. They show up in your mailbox and in your email, with you – the College Student – as the focus. On a tight student budget, they probably seem…