Topic: Credit Cards for People with No Credit
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Answers to Common Questions
What is a Unsecured Credit Card?
An unsecured credit card is one that is not backed, or guaranteed by any money held as a deposit. You don't put anything up as collateral, the card is issued based on your credit information only. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_unsecured_credi...
How Credit Card Works?
A credit card works like this: you can apply and the credit card will give you a limit and you can spend the money on what ever you want. You will receive a montly bill and you repay as you can. Credit cards usually have very high interest ... Read More »
Source: http://answers.ask.com/Business/Finance/how_credit_card_works
What is a Prepaid Credit Card?
A prepaid credit card is when you add your own money to a credit card. I think that's the best way to spend is to use a prepaid credit card. Read More »
Source: http://answers.ask.com/Business/Finance/what_is_a_prepaid_credit_...
More Common Questions
Answers to Other Common Questions
It can be either helpful piece of plastic or very dangerous. It is all in the way you use it. You should never charge something on your credit card that you cannot afford to pay back.
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Source: http://answers.ask.com/Business/Other/what_is_a_credit_card
The first documented use of a credit card was in the 1920s although there is thought that they were being used as early as 1890. In the year 1938 companies began accepting other companys credit cards for payment.
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When you see the letters APR, it stands for annual percentage rate. Depending on what type of credit card it is, it should state what the percentage rate on transactions will be yearly.
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A credit card is to be used as credit. You can make purchases using the cards number and the credit card company will bill you at a later date. But in some and most cases there is or will be interest charged to it.
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Source: http://answers.ask.com/Business/Finance/how_to_use_a_credit_card
Credit cards are made of many plastic layers, that are laminated together. The center of the credit card is made from a plastic resin that is known as polyvinyl chloride acetate. The resin is mixed together with other materials, like dyes, ...
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Source: http://answers.ask.com/Fashion_and_Beauty/Other/how_are_credit_ca...
Applying for a credit card is quite easy. You can actually apply for a credit card online and get results within minutes. However there is a dangerous side to credit cards you may want to watch out for and that is those ridiculously high in...
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Source: http://answers.ask.com/Business/Other/how_to_get_a_credit_card
The first credit card in the US was made by John Biggins, with the Flatbush National Bank, in Brooklyn, NY, in 1946. He called it the Charge-It program. Look here for more information: http://inventors.about.com/od/cstartinve...
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