Credit Card Glossary: Terms and Definitions
Arbitrage, also called stoozing, is the practice of taking a free or low interest loan from a credit card company, depositing it in a high-yield savings account, making the minimum payments on the card and pocketing the difference. Consumers who practice arbitrage make money on the interest rate spread between money received and money paid — just like a bank.
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.