Use, or attempted use of a credit card to purchase goods or services with the intent to avoid payment of…
Glossary
In open-end credit, the maximum amount a borrower can draw upon or the maximum that an account can show as…
Confidential report on a consumer’s payment habits as reported by their creditors to a consumer credit reporting agency. The agency…
Tool used by credit grantors to provide an objective means of determining risks in granting credit. Credit scoring increases efficiency…
The ability of a consumer to receive favorable consideration and approval for the use of credit from an establishment to…