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Secure Credit Cards: Who Needs Them?

So you want to apply for a credit card but you have an old paper shredder full of credit cards in your wallet, how do I get rid of any danger of theft? You might ask. Secure credit cards are in place to help you in that case. Secure credit cards are not a thing when you are applying for many credit cards. I will explain that this is true of every kind of credit card available in the market nowadays.

As a consumer and even as an agency, a credit card is an asset to you. Your entire financial plan includes the card and will be safe against theft, fraud, and identity theft. The thing about a credit card is that it is also something that will allow you to get the loan money and that is very profitable indeed.

To make sure, all credit card companies that offer secured credit cards have an objective, accredited and reputable service in the field of credit card application. When you apply for any type of credit card and the company is reporting your credit worthiness criteria, it is sure a lot of potential employers will actually feel comfortable giving you a chance to apply for a credit card to have in your own wallet.

But do not worry about the risk that you will get carried away with the credit card companies reporting to you. The fact is, these cards that were advertised by leading lenders are not actually secure. The features that they have are less secure than the public records that the bank or credit card agency report to you.

The biggest problem is not having sufficient knowledge and information on your part about credit cards in general. Remember, for the most part, that you must pay the bill within the time limit allotted by the bank or another credit card company (which may vary slightly based on the big six credit card companies). Remember, in today’s competitive market, an overdraft rate of up to twenty five percent is illegal and a high interest rate credit card can only be used on a short period only, like thirty days or one month!

So secure credit cards are just one more step in a terrifying and insecure field of credit card history information. Now to be a victim of identity theft you most likely will be slapped with a fraud fee with the biggest lenders and many will be forced into cutting that useless limb from your neck!

Security is harder than it seems but it comes from a long time ago and it’s always harder to get a credit card without some severe criminal knowledge of how to make transactions safer. For a long time now security protocols were in place to protect customer and customer data because these data contained details or pieces of fraud related to your identity. They were the basic building blocks that made credit transactions safer and for bad guys like you or me that just maybe the information in these documents could be used fraudulently. It’s a situation all the more dangerous because they often contained complete information wrongfully copied on other cards and this all amounts to an overall breach of privacy. It’s also a situation that makes it even more crucial to maintain your security from online scams and identity theft because it’s much easier to contact a fraudulant promptly and accurately when you need them next.

There is no question that credit cards are a boon for any business and if that isn’t important enough, there’s also always another thing that credit card holders should be able to access at the time of any of the transactions. Nowadays there is almost as much consumer protection in the US, UK, Germany and France as there used to be (and that is a good thing). But it’s time that privacy came back to the fore for the golden age of credit cards that we all know and love.

Secure Credit Card Frequently Asked Questions

When were you born?

FEBRUARY 1944

You were about to be awarded with a free copy of your father’s copy of the French language during her first year at university when she was just five years old.

FEBRUARY 2005

Ever wonder why the schooldaddy kept getting the calls on the bleachers and getting the telegrams on the telephone?

FEBRUARY 2002

They used to say those were the days.

FEBRUARY 2003

That you could get a free watch if you so desired.

FEBRUARY 2006

They would buy you two pairs of blue jeans, sandals or boots, as well as two new TV sets – the BBC One Derby Show and the BBC Two Face Off.

FEBRUARY 2006

They called us the ‘best ever party’.

FEBRUARY 2007

Airplane tickets and lessons had arrived in the mail.