Tag: cards

Bad Credit

DefinitionBad Credit was a comedy hip hop duo based out of San Diego, California which lasted from 2002 to 2008, fronted by musicians and...

Credit Cards

By definition, credit cards are released by financial companies that allow the customer or holder with the choice of borrowing funds, at the point...

Federal Credit Union (FCU)

What is 'Federal Credit Union - FCU' A credit union chartered and supervised by the National Credit Union Association (NCUA), a federal...

Fair Credit Billing Act (FCBA)

What is the 'Fair Credit Billing Act - FCBA' A federal law designed to protect consumers from unfair credit billing practices. The...

Warm Card

What is 'Warm Card' A type of ATM card that allows the bearer restricted access to a business account. Most frequently, the...

Debt Consolidation

DefinitionDebt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a...

Dangling Debit

What is 'Dangling Debit' A debit entry with no offsetting credit entry. Dangling debit occurs when a company purchases goodwill or services...

Credit Card

DefinitionA credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on...

Hard Inquiry

What is 'Hard Inquiry' A type of credit report check that may lower an individual's credit score. A hard inquiry occurs when...

Layaway

DefinitionLayaway is an agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay...

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