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Capital One Secured Credit Card: Is it Worth it
Comments
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That would earn you a default.
You see that is the annoying thing too because they technically have your £200 so if you were stupid enough not to pay one month, they take the £200 in lieu of your missing payment and close your account and dont issue you with a default.
How can they issue a default when they already have your deposit to pay it?
But of course I appreciate it doesn't work like that.0
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