Credit Card Glossary: Terms and Definitions
Debt that is forgiven or canceled in bankruptcy court. You are no longer legally obligated to pay discharged debt and your creditors cannot attempt to collect it. Discharged debts appear on your credit report for up to 10 years.
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.