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AysviL [449]
3 years ago
5

What is a reason why someone would use a secured credit card?

Mathematics
2 answers:
trasher [3.6K]3 years ago
6 0

Answer:

To help overcome a bad credit history.

Step-by-step explanation:

The reason someone uses a secured credit card is to - To help overcome a bad credit history.

A secured card is a credit card that is mainly used for people with bad credit. Here the person has to deposit money in exchange for a credit limit, like $200 or more. This amount is refundable.

We can also say it is a type of cash collateral deposit. This will help a person overcome a bad credit history as he will pay here timely and slowly improve his ratings.

Talja [164]3 years ago
3 0
It is B 99.99% sure 

hope its right :)
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6 0
4 years ago
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