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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Pre-approved credit card solicitations - offers for new credit cards sent by credit card companies, often utilizing low or 0% initial interest rates to entice consumers to submit the application.
  • Discover Card - a brand of credit card operated by Discover Bank and issued on the Discover Network.
  • Personal check - a written order to a bank to pay the amount specified from previously-deposited funds.
  • 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.
  • Revolving credit - a type of credit that does not have a fixed number of payments, in contrast to installment credit.

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