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Today's News About Credit Cards


* Related Definitions, Terms and Acronyms:
  • Bank - an institution that provides financial services, especially taking deposits and extending credit (e.g., loans).
  • 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.
  • Underground Storage Tank - a tank and any underground piping connected to the tank that has at least 10 percent of its combined volume underground, often used to store petroleum. Underground storage tanks are regulated in the United States to prevent release of petroleum and contamination of groundwater.
  • 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.
  • Frequent Flyer Program - a service offered by many airlines to reward customer loyalty where airline customers in the program accrue points (frequent flyer miles) corresponding to the distance flown on that airline. Accrued points can be redeemed for free air travel and other products or services.

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