A secured credit card requires you to deposit to offset the risk that you will not make your payment. These cards typically come with low credit lines and high interest rates. Using your secured ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

When you make a purchase with your debit card, it’s possible to pay as “credit.” Paying as credit affects the way the transaction is processed, but the payment funds are still taken from your bank ...