203002
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Bankruptcy

Question 203002 • FL-2102371-Personal Finance and Money Management

It should be possible to qualify for a [___] credit card if you [___] money to guarantee the card. [___] emergency saving fund.

Answer
A
secured
B
unsecured

Explanation

A secured credit card is backed by money you deposit as collateral. That deposit helps guarantee repayment, so it may be easier to qualify for than an unsecured card, which has no deposit backing it.

AI-written and checked against the verified answer.

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