Glossary Of Terms
Discover a comprehensive glossary of terms for personal finance on our blog to help you navigate the world of personal finance with ease.
Published by Mohamed Konate | Updated Dec 14, 2023
18 Credit Cards Terms Explained
Reading Time: 2 Min Annual Fee The yearly amount charged for the use of a credit card. APR-Annual Percentage Rate APR is an acronym for: Annual Percentage Rate. It is the interest rate that a customer is charged on any outstanding balance. Balance Transfer The process of transferring an unpaid balance from one open credit card account to another,… Continue reading 18 Credit Cards Terms Explained
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