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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Credit rating - an estimate of the amount of credit that can be extended to a company or person without undue risk to the lender.
  • Creditor - a party or lender (e.g. person, company, bank, etc.) that claims that a second party (borrower) owes the first party some property or service.
  • How to restrict companies from accessing your credit history - a consumer may elect to have the consumerís 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.
  • Credit rating - an estimate of the amount of credit that can be extended to a company or person without undue risk to the lender.
  • 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.

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