Credit Vocabulary

Directions: Using the following sites, define the credit terms listed below: http://www.theabcsofcredit.com/glossary/index.html https://www.discover.com/credit-cards/help-center/glossary.html

Annual Fee APR Balance Transfer Billing Cycle Cash Advance CARD Act Credit History Credit Line Credit Report Credit Risk Credit core

Daily Periodic Rate De!it Card

Default F"C# core

Finance Charge Fi$ed APR %o&to&Rate %race Period "nterest Charges "ntroductory Rate Late Pay'ent Fee (ini'u' (onthly Pay'ent #ver Credit Li'it Fee Pri'e "nterest Rate Transaction Fee )ero Balance