Question:
Which type of credit card carries the most risk?
See Also
Can I Get an Amazon Credit Card with Bad Credit?5 Things to Know About the Amazon Store Card - NerdWalletPros and Cons of Store Credit Cards | SmartAssetPros and Cons of Store Credit Cards - ExperianThe Secured Credit Card
Secured credit cards are credit cards that would require a person with a security deposit upon application. Usually, these security deposits typically range from $200 to $500 though lower deposits are also available. This amount serves as collateral in case the applicant fails to settle his or her bills. The amount given by the applicant as his or her security deposit becomes his or her account's credit limit.
Answer and Explanation:
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Among the types of credit card, the one that carries the most risk are: Unsecured credit cards that have variable interest rate.
Unsecured credit...
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