secured credit cards

Borrowing money has become increasingly difficult under the dark cloud of the credit crisis. If you can’t qualify for a tradition plastic due to bad or no credit score, you have two available options - secured credit cards or prepaid credit cards. At first glance they have the same principle of work - you need to open an account and deposit funds before using the plastic. However, there are several fundamental differences that you need to know about to choose the most beneficial deal.