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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Credit card system - a retail transaction credit and settlement system named after the small plastic card issued to users of the system.
  • Credit score purpose - attempts to quantify the likelihood that a prospective borrower will fail to repay a loan or other credit obligation satisfactorily.
  • Credit history - same as credit report.
  • Royal Dutch Shell - a major energy company, one of the top four vertically integrated private sector oil, natural gas, and gasoline companies in the world.
  • Contactless smart card - a smart card in which the chip communicates with the card reader through RFID induction technology and physical contact between card and reader is not required.

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