Credit Card
A card allowing someone to make a purchase on borrowed money. Credit cards are one of the most popular forms of payment for consumer goods and services in the United States. Investopedia Says:
Credit cards have higher interest rates than most consumer loans or lines of credit, so try your hardest to pay off your credit card each month. Related Terms:
Adjusted Balance Method
Annual Percentage Rate - APR
Average Daily Balance Method
Charge Card
Credit
Credit Limit
Debit Card
Line Of Credit - LOC
Previous Balance Method
Regulation Z |