Credit Card Glossary: Terms and Definitions
Confused by credit card terms? CreditCards.com's glossary of credit card definitions will help. From account holder to Regulation Z, we have defined the most-common and most-confusing credit card terms.
- Behavioral modeling
- Behavioral modeling is a technique used by some credit card companies. It uses consumers' purchasing behavior to assess their risk of defaulting. Behavioral modeling is controversial: Someone who suddenly swithces to shopping at bargain stores may be suddenly frugal, not suddenly risky.