Credit Card Glossary: Terms and Definitions
A basis point is one-hundredth of 1 percent. If your credit card’s APR has gone up from 14.99 percent to 15.49 percent, it has risen 50 basis points.
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.