Unauthorized use
What is an unauthorized use of a credit card? Generally, unauthorized use is the use of a credit card by a person who does not […]
452 total views, 0 today
Prescreened credit card offer
What is a prescreened credit card offer? Prescreened credit offers are firm offers of credit. Credit card companies use information from credit reporting companies to […]
358 total views, 0 today
Interest rate
Interest rate A credit card’s interest rate is the price you pay for borrowing money. For credit cards, the interest rates are typically stated as […]
357 total views, 0 today
Grace period
What is a grace period for a credit card? A grace period is the period between the end of a billing cycle and the date […]
413 total views, 0 today
Daily periodic rate
Daily periodic rate Some card issuers calculate interest on the account using a daily periodic interest rate, which is used to calculate interest by multiplying […]
431 total views, 0 today
Credit Balance
There is a “credit balance” shown on my statement. What is a credit balance? A credit balance on your billing statement is an amount that […]
375 total views, 0 today
Balance transfer
Balance transfer A balance transfer lets you move an outstanding balance from one credit card to another, sometimes for a fee. The fee is usually […]
383 total views, 0 today
Annual percentage rate (APR)
Annual percentage rate (APR) The APR, or annual percentage rate, is the standard way to compare how much loans cost. It lets you compare the […]
354 total views, 1 today