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
# | 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

Available credit

The amount of unused credit in a line of credit (the credit limit less the current balance.) Your amount of available credit may be an important factor to some creditors when evaluating your credit worthiness. Some creditors consider too much available credit to be a high risk and may deny you additional credit.

Previous Term: Automatic Transfer
Next Term: Available Credit


Featured Services: