Credit Card & Schumer Box

An interest rate charged to borrower during the initial stages of a loan.

• Reward

• Annual Fee

• Grace Period

• Introductory Rate

The annual rate charged for borrowing or earned through investment.

• APR

• Introductory Rate

• Annual Fee

• Credit Limit

The fee automatically charged to a credit card annually account for the benefits of that card.

• Monthly Fee

• Annual Fee

• Fraud

• Grace Period

Incentive program for using that credit card instead of a different form of payment.

• Late Fee

• Grace Period

• Incentives for choosing your credit card

• Rewards for using the credit card

A period of time after the due date that you can make the payment.

• Credit Limit

• Grace Period

• Over Limit Fee

• Payment Time

Wrongful or criminal deception intended to result in financial or personal gain.

• Decepticredit

• Phishing

• Identity Theft

• Fraud

Acquisition and use of a person's private identifying information, usually for financial gain.

• Fraud

• Identity Theft

• Phishing

• Credit Theft

The maximum amount of credit a credit card company allows a borrower on a card.

• Credit Limit

• Over Limit Fee

• Spending Limit

• Credit Cap

A charge a consumer pays for making a required minimum payment after the due date.

• Over Limit Fee

• After Due Date Fee

• Late Fee

• Post-Dating

A fee charged when your balance goes over your credit limit.

• Balance Fee

• Over Limit Fee

• Credit Limit Fee

• Compensation Fee