Credit Card Consumer Information
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Credit card - A credit card system is a type of retail transaction settlement and credit system, named after the small plastic card issued to users of the system. A credit card is different from a debit card in that the credit card issuer lends the consumer money rather than having the money removed from an account.
Credit card debt - Credit card debt is an example of unsecured consumer debt. It results when a customer of a credit card company does not pay the company for the money he or she has spent.
Fair Credit Reporting Act - The Fair Credit Reporting Act (FCRA) is an American federal law (codified at et seq.) that regulates the collection, dissemination, and use of consumer credit information.
Friendly Fraud - Friendly Fraud is a credit card industry term used to describe a consumer who makes an Internet purchase with his own credit card and then issues a chargeback through his card provider after receiving the goods or services.
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