In order to open up a secured credit card account, individuals are required to put down a security deposit that will
double as their line of credit.
Not exact matches
However, the
credit line can
as much
as double after a year
of use.
In light
of this, whenever you are shopping or opening a new
line of credit, always ask questions to ensure companies are not
double checking your
credit, adding an additional hard inquiry, and,
as a result, harming your
credit even more.
Because
of these high upfront costs, the Merrick Bank
Double Your
Line ™ Visa ®
Credit Card falls into the category of cards known as «fee harvesters,» which are typically aimed at consumers with limited access to credit
Credit Card falls into the category
of cards known
as «fee harvesters,» which are typically aimed at consumers with limited access to
credit credit cards.
MoneyTap's quick loan with a
line of credit doubles up
as a personal loan and a
credit card, giving you a flexibility like never before!
For the purpose
of this
double dip I don't need the BT APR to be at 0 %, the
line of credit will be paid off the next day, so the 0 % APR doesn't matter
as much
as the origination «fee» does.