What is more, they tend to be experts in the field of bad credit financing, so the chances of approval despite bad credit are significantly better. (badcreditloanservices.com)
Like other secured cards, the deposit is a form of risk protection for the lender, since you'll be extended a line of credit financed with your own money. (policygenius.com)
It is not so much a matter of credit financing with regards to interest rates but more a matter of credit utilization and their overall credit to debt ratio. (stockmonkeys.com)