Which of the Following Statements Is Most Correct Regarding a Secured

Multiple Choice

Which of the following statements is most correct regarding a secured credit card?

A) It is a valuable form of credit insurance - you are protected against loss if the card is lost or stolen.
B) It is useful to someone who has bad credit or no credit established yet.
C) It provides a higher level of user security, using technology to prevent illegal use.
D) Compared to non-secured credit cards, it always carries a much lower rate of interest.
E) None of the above are correct.