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PF 6.03

QuestionAnswer
Balance Transfer Move money form savings account
Credit Limit Maximum amount you can borrow
Introductory Rate APR charged during the credit card's introductory period after a credit card account is opened
Late Payment Fee You don't pay for the minimum payment
Over-the-limit-fee Buying something that is over the credit card balance set limit.
Penalty APR Higher interest rate to penalize you. Also use if your don´t pay your bills on time!!!
Pre-approved When someone has passed an initial credit history check.
Returned Payment Fee Check Balances and charges you for it
Schumer Box On a credit card is where all your terms in a box for all credit card applications and solicitations
Variable-rate APR It changes depending on other factors
Created by: abigail.xiong59
Popular Finance sets

 

 



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