what is a secured credit card? 5 points a) a card that requires no payments b) a type of credit card backed…

what is a secured credit card? 5 points a) a card that requires no payments b) a type of credit card backed by a cash deposit, often used to build credit c) a debit card linked to a checking account d) a prepaid card with no borrowing ability what is credit? 5 points a) free money from the government b) borrowed money that must be repaid, usually with interest c) money saved in a bank account d) a paycheck from a job

what is a secured credit card? 5 points a) a card that requires no payments b) a type of credit card backed by a cash deposit, often used to build credit c) a debit card linked to a checking account d) a prepaid card with no borrowing ability what is credit? 5 points a) free money from the government b) borrowed money that must be repaid, usually with interest c) money saved in a bank account d) a paycheck from a job

Answer

Brief Explanations:

A secured credit card is backed by a cash - deposit and helps build credit. Credit is borrowed money to be repaid with interest.

Answer:

For "What is a secured credit card?": B. A type of credit card backed by a cash deposit, often used to build credit For "What is credit?": B. Borrowed money that must be repaid, usually with interest