Purchasing a product using a credit card is similar to incurring a debt. The credit limit is the maximum amount available to the owner of the credit card. This credit limit is considered as a loan. To obtain such a loan and to acquire a credit card with no credit checks can be done by taking a secured credit card. The credit limit may not be as high as that of an unsecured credit card but there is no danger of overspending. Secured credit cards can be obtained from many banks and credit unions and all that is needed is a cash deposit.