Glossary of Credit Card Terms

(1) | 1 (1) | 3 (1) | 5 (1) | A (42) | B (28) | C (92) | D (44) | E (19) | F (33) | G (7) | H (3) | I (14) | J (7) | K (3) | L (10) | M (27) | N (12) | O (10) | P (43) | Q (2) | R (34) | S (43) | T (26) | U (9) | V (10) | W (2) | X (1) | Y (1) | Z (7)
Tabling Tabling is a method used by student credit card issuers. It relates to issuers seting up tables on or near campuses so they can attract students to fill out credit card applications by luring them...
Tax deductible interest Interest payments on consumer loans, along with credit cards, were ones tax-deductible. The Tax Reform Act of 1986, signed into law by President Ronald Reagan, got rid of many tax shelters, but also...
Tax Reform Act of 1986 The Tax Reform Act of 1986, signed into law by President Ronald Reagan, got rid of many tax shelters, but also forbade the tax deduction for consumer loans, except for mortgages. This means that...
Teaser rate Also called the introductory rate, the teaser rate ) is a low rate offered by a credit card company as a stimulus for applying for a credit card. The APR rises after the introductory period end. The...
Telephone Consumer Protection Act (TCPA) The Telephone Consumer Protection Act was developed to protect customers from unwanted phone solicitations. The law sets rules on telemarketing calls, does not allow unsolicited fax ads, and reduces...
Terms and conditions Terms and conditions is a name for the document that thoroughly describes card issuers practices. After applying and receiving a credit card, its first use turns the terms and conditions into a legal...
Thin file "Thin file" is a phrase used in the credit scoring to describe a short credit history. Ordinarily, credit bureaus did not lend to individuals with thin files because they had poor experience in...
Thrift A is a financial institution whose prime function is to take in deposits and fund mortgages. But they can also issue credit cards. Thrifts, also known as savings and loan associations, are regulated...
Tiered rewards A tiered reward is a calculation of earning rewards that is usually disclosed as "up to" a certain percentage cash back. As cardmembers spend more the percentage of their rewards will increase up to...
Time-barred debt Time-barred debt is a phrase that describes a particular type of old, unpaid debt. Every state has a statute of limitations that determines for how long a creditor can get forced payments trough...

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