What is Tribal Secured?
It's much more than just a credit line. It's an opportunity backed up by Tribal that allows you to access funds easily and securely.
Imagine having the backing of Tribal to open an account or increase your current credit limit. With Tribal Secured, that's precisely what you get. Simply deposit a certain amount of cash, and you'll have a secured credit line equal to the deposited amount. For example, if you deposit $1,000, your secured credit line will be $1,000!
Why choose Tribal Secured?
At Tribal Secured, we believe that everyone should have the chance to access credit, no matter their circumstances. Even if you don't meet the criteria for a traditional unsecured credit line, we've got you covered! Our goal is to provide a safe and dependable option for those seeking an alternative solution.
What sets us apart? Our secured credit option is designed to provide confidence for both customers and Tribal. If you've had difficulty obtaining credit in the past or need a larger credit limit, Tribal Secured is the answer. By depositing funds, you reduce the risk for both us and yourself. In the event of default, the deposited funds act as a backup, ensuring that everyone is financially protected.
With Tribal Secured, we provide a solution that offers flexibility and security to our customers. Join us and take control of your finances today!
How is Tribal Secured different from an unsecured Tribal account?
Once you've made your initial cash deposit, Tribal Secured offers all the same functionalities as an unsecured account:
- Create unlimited virtual cards and use them wherever Visa credit cards are accepted.
- Apply for physical credit cards and use them at establishments that accept Visa cards.
- Use Tribal Pay to pay vendors and merchants who don't accept Visa credit cards.
Best of all, by using Tribal Secured responsibly and paying all your bills on time, you'll be building a strong credit relationship with Tribal. Make the most of your Tribal Secured account and open the doors to a solid and secure financial future!
Advantages of Tribal Secured:
- Credit access: Provides an opportunity to access credit even if you don't meet the requirements for an unsecured credit line.
- Credit building: Allows you to build or rebuild your credit history through timely and responsible payments.
- Financial security: The initial cash deposit acts as a backup in case of payment defaults, providing security for both the customer and Tribal.
- Usage flexibility: Offers the ability to use virtual and physical cards, as well as Tribal Pay, for online purchases and payments and in physical establishments.
- Credit limit increase: After 12 months of timely payments, the customer may see their credit limit increase to match the deposited amount, offering more spending capacity and financial opportunities.
In summary, Tribal Secured provides a secure and reliable solution for those seeking access to credit and the opportunity to build a strong credit history, all backed by a responsible and transparent financial approach.