| A | B |
|---|
| APR | Interest the user of a credit card will pay. Varies by credit card. |
| Credit | Buy now, pay later (with interest) |
| Creditor | Bank or business that extends credit, a lendor |
| Debtor | Anyone who owes money, a borrower |
| Finance charge | Fee for borrowing money, added to monthly credit card bill |
| Introductory Rate | A low APR to entice you to apply for a credit card, temporary. |
| Late Fee | Additional fee for not paying bills on time. |
| Principal | The amount of money borrowed. Price of items purchased with credit card. |
| Credit History | Summary of a persons borrowing and repayment history |
| Credit Report | You are entitled to one free one each year. |
| Character | What is your background like? Are you reliable? |
| Capacity | What other obligations do you have? Do you have a steady job? |
| Capital | Do own a house? Investments? |
| Fraud | Criminal uses trickery to get your personal information or items of value |
| Identity Theft | Criminal steals someone social security number, opens credit cards, ruining their credit score. |
| Online Banking | Using bank's website to keep track of your accounts, can transfer money, pay bills. |
| Password | Use combination of letters, numbers, symbols. |
| Phishing | Online scam, usually through email, to try and get you to reveal personal information. |
