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单词 credit card debt
释义

credit card debt

Definition
An unsecured financial obligation to one or more banks or companies that issue consumer credit cards, resulting from purchases or advances using the card that have not yet been paid back. No collateral is required for credit card borrowing, but interest rates tend to be higher than for other types of loan, and severe late payment penalties may apply.
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更新时间:2025/1/22 16:50:55