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secured credit card Options
Харбин Хэйлунцзян 1
Posted: Friday, October 06, 2017 2:09:47 PM

Rank: Advanced Member

Joined: 10/13/2015
Posts: 999
Neurons: 313,060
Location: Dzerzhinskiy, Moskovskaya, Russia
Quote:
When your (lack of) credit history keeps you from getting a standard credit card, you can apply for a secured credit card. With a secured credit card, you make a deposit against the credit limit of the account. The bank holds the deposit just in case you don't make your payments as agreed.

I remember when I got my first credit card the lady asked me to make this non-redeemable GIC deposit. And she used a very particular word for this deposit which I can not remember. 'Corollary' comes to my mind but definitely it is not that word.

Can you help me?


აბა ყვავებს ვინ დაიჭერს, კარგო? გალიაში ბულბულები ზიან.
taurine
Posted: Friday, October 06, 2017 2:47:00 PM

Rank: Advanced Member

Joined: 4/20/2016
Posts: 503
Neurons: 47,005
Collateral
Харбин Хэйлунцзян 1
Posted: Friday, October 06, 2017 2:52:19 PM

Rank: Advanced Member

Joined: 10/13/2015
Posts: 999
Neurons: 313,060
Location: Dzerzhinskiy, Moskovskaya, Russia
taurine wrote:
Collateral

That's it! Thank you.



აბა ყვავებს ვინ დაიჭერს, კარგო? გალიაში ბულბულები ზიან.
taurine
Posted: Friday, October 06, 2017 3:51:35 PM

Rank: Advanced Member

Joined: 4/20/2016
Posts: 503
Neurons: 47,005
I took inspiration from drinking Cola.
Харбин Хэйлунцзян 1
Posted: Friday, October 06, 2017 11:48:31 PM

Rank: Advanced Member

Joined: 10/13/2015
Posts: 999
Neurons: 313,060
Location: Dzerzhinskiy, Moskovskaya, Russia
taurine wrote:
I took inspiration from drinking Cola.

That was my mistake! When in McDonald's yesterday I chose Fanta.



აბა ყვავებს ვინ დაიჭერს, კარგო? გალიაში ბულბულები ზიან.
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