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Saturday, November 7th 2009

Credit Card Glossary

Credit Card Glossary: Terms and Definitions

Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.

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Chapter 11 bankruptcy

Chapter 11 bankruptcy is a legal procedure that allows businesses to reorganize under a court-approved plan. Chapter 11 bankruptcy allows business entities protection from creditors during the reorganization period.

Related Terms:1099, 1099-c, adjusted balance, algorithm, annual percentage rate (apr), application fee, apr, arbitration, average daily balance, balance-to-limit ratio, bank holding company, bankruptcy, billing statement, card member agreement, carders, carding, carding forums, cashing, chapter 13 bankruptcy, chapter 7 bankruptcy, charge-off rate, co-signer, cob fraud, collection, community property, consumer credit file, cramdown, credit bureau, credit bureau risk score, credit card accountability, responsibility and disclosure act of 2009, credit card act of 2009, credit freeze, credit history, credit inquiry, credit limit, credit line, credit monitoring service, credit obligation, credit rating, credit report, credit reporting agency (cra), credit score, credit union, credit utilization ratio, dd (regulation dd), debt management plan (dmp), debt-to-income ratio, debt-to-limit ratio, default, delinquent account, direct mail, double-cycle billing, drop, dump, equal credit opportunity act (ecoa), equitable division, fair credit billing act, fair credit reporting act, federal deposit insurance corporation, federal funds rate, federal reserve board, fico score, finance charge, forbearance, fraud alert, fraudulent transaction, fraudulent user, fulls, hard inquiry, hard pull, inquiry, interest rate cap, joint credit, late payment fee, man in the middle fraud, mandatory binding arbitration, medical identity theft, mutual savings bank, national bank, nondischargeable debt, opt out, penalty rate, phishing, piggybacking, pin cashing, prime rate (or prime interest rate), qualifying ratio, receipt, regulation dd, regulation x, roll rate, savings and loan association, savings bank, schumer box, secured credit cards, setup fee, signature strip, skimming, thin file, thrift, time-barred debt, tranche, truncation, truth in lending act, truth in lending act, truth in savings act, two-cycle billing, universal default, unsecured credit cards, utilization ratio, vantagescore, wage garnishment, wall street journal prime rate, x (regulation x), z (regulation), z score, z score, zombie debt

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