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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Loan default - a condition that occurs when a debtor has not met the legal obligations according to the debt contract, e.g. it has not made a scheduled loan payment, or violated a condition of the debt agreement.
  • Consumer reporting agencies - are companies that collect and report credit information about consumers to be used for credit evaluation and other purposes.
  • Chip card or integrated circuit card (ICC) - see smart card.
  • Discover Card - a brand of credit card operated by Discover Bank and issued on the Discover Network.
  • Loyalty card, rewards card, points card, or club card - a plastic card, visually similar to a credit card or debit card, that identifies the card holder as a member a store's incentive program.

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