GLOSSARY
| Payment Cap Payment due date Penalty APR Penalty Fees Periodic Rate Permissable purpose Personal Credit Personal credit history Personal Identification Number PIN PITI Point-of-Sale Points Pre approved line of credit Prepayment penalty Previous balance Prime Rate Principal Private label cards Promotional inquiry Public record |
GLOSSARY TERMS by Alpha # | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Pre approved line of creditCreditors offer "pre approved" credit to potential customers that have passed some type of preliminary credit screening. Creditors may still deny you credit, based on other information provided in your application or found on your credit report, even if you were "pre approved".
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