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Learn the key terms involved with credit and debt management. This glossary contains definitions and miniature lessons on the basic and advanced aspects of credit and debt management.
no limit credit card
a no limit credit card is a credit card that doesn't have a credit limit
late fee
fee imposed when your payment is received after the due date
minimum payment
the minimum amount that must be paid to avoid defaulting
nonrevolving credit
Credit that cannot be used after payment.
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