Glossary

Credit Card Fraud

Use, or attempted use of a credit card to purchase goods or services with the intent to avoid payment of…

Credit Report

Confidential report on a consumer’s payment habits as reported by their creditors to a consumer credit reporting agency. The agency…

Credit Scoring

Tool used by credit grantors to provide an objective means of determining risks in granting credit. Credit scoring increases efficiency…

Creditworthiness

The ability of a consumer to receive favorable consideration and approval for the use of credit from an establishment to…

Criminal Activity

Any activity which violates state statutes, ordinances, or codes, and constitutes a criminal act under the law (excluding traffic violations).

Criminal Complaint

In criminal law, a charge, preferred before a magistrate having jurisdiction, that a person named, has committed a specific offense,…

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