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Credit Loans Debt |
Unlike traditional credit cards, a debit card or prepaid cash card does
not extend you credit. Instead, accounts are prepaid for a specific amount
while still being ba
cked by major credit card companies like Visa or Master
Card for universal acceptance. There is no line of credit and accounts
are only good for the balance applied. Generally these cards offer guaranteed
acceptance and are excellent ways to build or repair your credit.
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