A discussion of the relevant target markets for secured cards
, thin/no file and sub-prime
However, I have heard about banks that offer secured cards
that match your account deposit dollar for dollar.
are those backed by money in a deposit and typically used by people with credit problems.
Archway has nearly 100,000 square feet of secured warehouse space dedicated to the distribution of secured cards
These IBC secured cards
may, of course, also be used for a variety of non-gaming purposes.
Command has several large Affinity groups and retailers under contract to issue both unsecured and secured cards
to their members and customers totalling over 12 million prospects.
are traditional credit cards backed by a savings deposit, specifically designed for people who never had credit before or who are just getting credit again after a period of financial difficulties.
In related news, the company announced that its Delaware bankcard service division, Berwyn Holdings, has booked several thousand secured cards
and has been servicing these accounts during the past quarter.
announced today that they have signed an agreement to issue both unsecured and secured credit cards focusing primarily on secured cards
A secured card
is by no means a quick fix; statistically, our cardholders have one of our secured cards
for an average of about four years before they start getting unsecured credit offers from other lenders.
These operations imply that by filling out an application and enclosing a set fee, the applicant will receive a credit card -- when in reality the applicants receive nothing at all or, at most, simply a list of issuers who issue secured cards
The scam artists have used television, radio and print advertisements as well as direct-mail solicitations to offer credit, debit or secured cards
which, in most cases, simply do not exist.