A charge card is a type of credit card that enables the cardholder to make purchases which are paid for by the card issuer, to whom the cardholder becomes indebted. The cardholder is obligated to repay the debt to the card issuer in full by the due date, usually on a monthly basis, or be s...
A charge-off or chargeoff is a declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors make this declaration at the point of six months without ...
A credit card charge-off rate is a measurement that shows the amount of defaulted credit card balances in comparison with the total amount of credit extended.
You can successfully dispute an errant credit card purchase, under federal rules that merchants and card issuers must follow.
Explore the differences between American Express Business Charge Cards and Credit Cards and find the right option for your business needs.
Charging you interest is one way that credit card companies make money. Here is how credit card interest works—and how to pay less of it.
The credit card perks or benefits in this post have changed or expired. Please see our best American Express Cards for current offers. They may look identical, but charge cards and credit cards are...
Merchants face processing fees in order to accept credit card payments. And based on what the local law says, merchants may pass that fee to consumers.
Average retail credit card interest rates recently hit a record high of 28.93%. Here's how to protect your finances while taking advantage of store promotions.
A charge card is a type of electronic payment card that charges no interest but requires that the statement balance be paid in full.