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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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Subprime lender
A subprime lender is one that specializes in issuing credit cards or other loans to those those with bad credit. Because subprime borrowers are more likely to default, subprime lenders tend to charge higher interest rates and fees.

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