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Thursday, February 9th 2012

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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Identity theft
Identity theft, commonly shortened to ID theft, is generally defined as the use of personal information to commit fraud. The personal information used can vary; the more personal information a thief has, the greater the financial damage that can be caused. Identity theft can happen in many ways, through account hijacking, "phishing," dumpster diving or, sadly, by relatives stealing personal information.

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