GLOSSARY

Active account Adjusted balance Adjustment Affinity Card Alias Amortization Annual Fee Annual Percentage Rate (APR) Application fee Asset ATM Automatic Payment Automatic Transfer Available credit Available Credit Average daily balance
GLOSSARY TERMS by Alpha
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Active account

A credit account is considered "active" when activity for the account has been reported to a credit reporting agency within the past 90 days.

Previous Term: 3-in-1 credit report
Next Term: Adjusted balance


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