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What Are Unsecured Credit Cards?

April 26, 2017credit cards unsecured

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What Are Unsecured Credit Cards?

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Unsecured credit cards differ from their secured cousins in that they do not require that you put down money in the form of a deposit as collateral for the balance of the card. Many credit card issuers will offer special perks for using their credit cards. Things such as cash back credit cards that offer cash refunds on all purchases made with the card or free air miles or gifts are ways to offer value to the credit card holders.