CREDIT CARD VOCABULARY

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Terms in this set (...)

CASH ADVANCE APR
THE INTEREST RATE CHARGED WHEN YOU TAKE OUT MONEY
CREDIT LIMIT
THE MOST YOU CAN CHARGE TO YOUR CARD
INTRODUCTRY APR
A SHORT TERM USUALLY A LOW INTEREST RATE
MINIMUM PAYMENT
SHOWN OM YOUR CREDIT CARD STATEMENT
annual fee
the amount you pay each year
annual percentage rate
the interest rate you will pay each month
balance
total charges on your card
credit limit
your limit on your card
billing cycle
the length of time between billing statements
advantage to having a credit card
emergency credit history
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