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Ch 8, 9, & 10 Flashcards | StudBud
Ch 8, 9, & 10
1 / 49
How is a secured credit card different from the far more typical unsecured credit card?
A
It is the same as a debit card, drawing money directly from your checking
B
It has an interest rates far lower than those of a typical credit card
C
It
requires the borrower put down a deposit to create their credit limit
D
It cant be used to shop online, as you have to sign for each purchase
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