Credit Card Project

the least amount you can pay to keep your credit card active; if you pay less your card will be deactivated

• annual fee

• credit limit

• due date

• minimum payment

the company charges a fee when you don't pay your bill by the due date

• minimum payment

• late payment fee

• due date

• credit limit

percentage of the card balance that you are charged for using your credit card; you are charged when you do not pay the balance in full.

• interest rate

• debt

• late payment fee

• credit limit

when your payment is due; payments made after this date will result in a fee

• late payment fee

• credit limit

• due date

• annual fee

money owed to someone else

• debt

• credit limit

• minimum payment

• annual fee

this payment card deducts the specific amount directly from your checking account

• credit card

• debt

• interest rate

• debit card

a set limit to how much you can charge on your credit card; based on your ability to handle debt

• minimum payment

• credit limit

• debt

• balance

card used to pay for items which gives the customer the ability to pay the balance over time; the credit card company charges interest until that amount is paid back in full

• credit card

• credit limit

• annual fee

• balance

amount of money owed on a credit card

• interest rate

• credit limit

• balance

• annual fee

charge from a credit card company for each year of use; not all cards have this fee

• debt

• interest rate

• minimum payment

• annual fee