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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • How to restrict companies from accessing your credit history - a consumer may elect to have the consumer’s name and address excluded from any list provided by a consumer reporting agency in connection with a credit or insurance transaction that is not initiated by the consumer (such as pre-approved credit card solicitations), by notifying the agency that the consumer does not consent to any use of a consumer report relating to the consumer in connection with any credit or insurance transaction that is not initiated by the consumer.
  • Pay at the pump - a convenience offered by most gas stations whereby the customer can pay for gasoline by inserting a credit card into a terminal on the gas pump.
  • Time value of money TVM - also called the discounted present value, is based on the premise that one will prefer to receive a certain amount of money today than the same amount in the future, all else being equal. Refers to effects of interest over time.
  • Visa - a brand of credit card and debit card operated by the Visa International Service Association of San Francisco, California, USA.
  • UST - underground storage tank, often associated with gasoline storage at gas stations.

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