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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Application fee

Some credit card issuers may require an "application" or "processing" fee before even considering you for a card. This is uncommon among general-use cards, but may apply to cards designed for people with new or damaged credit, such as secured, unsecured and pre-paid credit cards.

Previous Term: Annual Percentage Rate (APR)
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