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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Contact smart card - a smart card that requires physical contact with a card reader as a communications medium between the smart card and a host such as the credit card company's computer.
  • Credit bureau opt-out options - the national credit bureaus offer a toll-free number that enables consumers to opt-out of all pre-approved credit offers with just one phone call. Call 1-888-5-OPTOUT (1-888-567-8688) for more information.
  • Credit history opt-out options - visit http://www.ftc.gov/privacy/protect.htm#Credit
  • Cathodic protection - a technique to control the corrosion of a metal surface such as underground gasoline storage tanks and other metal tanks and structures in corrosive environments.
  • Compounding - to compute interest on the principal and accrued interest together, rather than on the principal alone.

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