Credit Card Glossary: Terms and Definitions
An algorithm is a predetermined, finite set of steps or calculations in which data are rigorously analyzed. In credit scoring, algorithms are the complex set of calculations that analyze a person’s or a business’s past behavior with credit to determine the level of risk that person or business carries for future loans.
Terms from A-Z
Search the CreditCards.com glossary for every credit-related term from "account holder" to "zombie debt." Select a letter for alphabetized terms and definitions.