Credit card diposit

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Discover will determine your maximum in top shape could help to an unsecured card.

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The local car rental company requires a deposit to be blocked on the main driver's credit card when the car is picked up. This deposit is held by the car rental. We explain how section 75 and chargeback protection works for your credit and debit cards, what is covered and how to make a claim. You can do this if you really need to make a card payment to someone that doesn't take cards but you'll typically pay fees.

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The amount of time this takes varies greatly, but if your credit score is poor, you should expect to make regular payments for a few months before you are approved for an unsecured credit card. Secured credit cards are often issued to subprime borrowers or those with poor or limited credit histories so-called thin-file borrowers. Table of Contents. A secured credit card is a type of credit card backed by a cash deposit from the cardholder. New to credit or looking for your next credit card?