Credit Card Glossary: Terms and Definitions
Billing cycle
The billing cycle is a specific, recurring time period between billing statements. The federal Credit CARD Act of 2009 largely ended a once-common practice of varying the length of the billing cycle by changing due dates. Under the law, due dates must be the same day every month, and payments that come due dates that fall on weekends or holidays are not subject to late fees.
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.