The lingo used in the finance world sometimes seems like a foreign language. Here are some terms that will help you translate commonly used credit and debt terms.
bankruptcy
debt-to-income ratio
judgment
statute of limitations
More Credit / Debt Management Quick Tips
Credit Card Terms
- APR, annual percentage rate
- balance transfer
- billing cycle
- billing statement
- credit limit
- finance charge
- grace period
- minimum payment
- non-revolving credit
- revolving credit
- universal default
