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Thursday, May 24th 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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Never pay
A term used to describe a credit card account holder who opens at least one credit card account and becomes delinquent within two months. The account holder makes purchases with the card, then intentionally never pays the bill.

Related Terms:bust-out, buy here pay here car dealers, credit repair organizations act, straight-roller
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