Gs4 Security: Secured Credit Card

Tuesday, 18 December 2012

Secured Credit Card

Before the launch of the Fidelity One secured credit card,the only option for a consumer who needed a credit card but was unable to obtain one due to their credit score,credit history, or financial situation was to deposit money into a bank in order to receive a secured credit card.This works great if you have $3,000 to give to the bank in exchange for a secured credit card with a $2,500 credit limit, but it does not work very well for most people.That is why we developed the Fidelity One credit card. With the Fidelity One secured credit card,you can now use the wholesale value of your car as collateral to receive a secured credit card. This new patent-pending product also allows you to receive a secured credit card and continue to drive your vehicle.The benefits of this new product are considerable.They include:1.The ability to have access to money without having to pay interest rates over 100% per year.The interest rate on a Fidelity One secured credit card is 29.9% APR for accounts in good standing.