GLOSSARY
| Daily periodic rate Debit card Debt Debt Collector Debt Consolidation Debt-to-income ratio Debtor Default Default APR Deferred payment Delinquency Delinquency assessment Discharge Dispute Double-billing cycle Down payment Due date |
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 Debit cardUsed with the convenience of other types of purchase cards (credit cards, charge cards, gift cards, etc.) a debit card allows a consumer to make purchases by deducting funds directly from a personal checking account. No line of credit is extended and no interest is charged with debit card purchases.
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