Credit Card Terms

To be officially approved

• authorized

• Credit limit

• establish

• fraud

Unique number given to a credit card customer

• authorized

• fraud

• account number

• credit history

The amount owed

• Gross monthly income

• Late fee

• FICO

• balance

An amount of money that is owed to another person, bank or business

• merchant

• transaction

• debt

• creditor

A person or business to whom money is owed

• creditor

• Credit history

• Credit limit

• FICO

A record of a person’s debt

• Magnetic stripe

• creditor

• merchant

• Credit history

A device merchants use to process credit cards

• credit history

• magnetic strip

• fraud

• credit card machine

Maximum amount a person may charge on a credit card

• credit limit

• credit history

• merchant

• FICA

Information given by a person or a business about how someone uses their credit

• balance

• debt

• Credit reference

• fraud

A number that shows how creditworthy a person is

• establish

• credit score

• Late fee

• microchip