1
The least amount of money paid during a billing cycle to be in good standing with the lender.
2
A fee charged on a yearly basis for the benefit of the credit card.
3
Money which is paid in exchange for borrowing money.
4
The amount of money owed if a payment is not on time.
5
This is the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.