Credit Card Glossary: Terms and Definitions
The interest rate is the money charged by a lender to make the loan. With credit cards, the interest rate is calculated on the basis of your average daily balance times the rate. Credit card interest rates are expressed in a standard way as an annual percentage rate (APR).
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.