Getting a Credit Card Review

Required number of days in a grace period by LAW

• Credit Score

• Rewards

• 21 Days

• Returned-Check Fee

Fee charged for “bouncing” a check

• Returned-Check Fee

• Rewards

• Billing statement

• Introductory APR (usually on most cards)

This is given to entice you to get a card

• Grace period

• Default

• Rewards

• fees

Not paying a bill by its due date will make the bill become known as

• Rewards

• Returned-Check Fee

• Default

• Billing statement

0%

• Interest rate on Lenape card

• Interest rates on all cards

• How much you make

• Introductory APR (usually on most cards)

Interest-free time you have to pay off your balance and not be charged interest

• Credit Score

• Rewards

• Billing statement

• Grace period

Comes in the mail once a month detailing your credit activity

• Credit Score

• Rewards

• Billing statement

• Grace period

The maximum amount you can charge on your credit account

• Credit Limit or Credit Line

• Age where you don’t need a co-signer or show proof of income to apply for credit cards

• 45 Days

• Average credit score

Required number of days the card company has when explaining a change in your term

• 10 Days

• 15 Days

• 45 Days

• Not allowed to change terms

If you are under 21, you most likely will need a ____________ to help you obtain a card.

• co-signer

• a dog

• co-parent

• 86