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CCAS

Credit Cards and Score

QuestionAnswer
Annual Fee recurring charge applied by credit card issuers for holding a specific credit card account
Annual Percentage the cost you pay each year for borrowing the money, including fees that you have to pay to get the loan, expressed as a percentage
Rate (APR) total yearly cost of borrowing money expressed as a percentage including interest and extra fees
Balance Transfers when you move existing debt to a new credit card
Bankruptcy a federal legal process for people or businesses who cannot repay their debts
Cash Advances withdraw cash against your credit limit
Co-signer someone who agrees to take on the financial responsibility for another person's loan or debt
Courtesy Checks the dollar value of a check
Credit Bureau an organization that collects and maintains credit information
Credit Card
Credit History
Credit limit
Credit Report
Credit Score
Debt
Finance Charge
Grade Period
Interest Rate
Introductory Rate
Late Payment Fee
Lender
Line of Credit
Over-the-limit fee
Pre-approved
Principle
Secured Loan
Term
Created by: Gjimenez27
Popular Finance sets

 

 



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