In the event that you fail to make a payment,________ credit cards may take funds from your savings account.

Question

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Secured credit cards are typically backed by collateral, such as a savings account, which can then be used to pay off the balance if the cardholder fails to make payments. Therefore, if you fail to make a payment on a secured credit card, funds may be taken from your savings account to cover the balance. Unsecured, revolving, and platinum credit cards do not typically have this feature.

In the Event That You Fail to Make a Payment,________