Credit Card Glossary: Terms and Definitions
Secured credit cards
Secured credit cards require collateral — usually a cash deposit with the issuing institution — for approval. They are designed for people with no credit or poor credit. Some secured card marketers load these cards with high fees and unfavorable terms, taking advantage of the fact that those seeking the cards are often unsophisticated or desperate. You can compare secured credit cards on this site.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.