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general/credit-card-terminology

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Merchant cash advance

Type of business funding or loan

general/credit-card-terminology
Card-not-present transaction

Transaction without physical payment card present

general/credit-card-terminology
Credit card balance transfer

Transfer of credit card debt between accounts at different companies

general/credit-card-terminology
Friendly fraud

Type of bank fraud

general/credit-card-terminology
Seasoned tradeline

Line of credit that is at least 2 years old

general/credit-card-terminology
Billing descriptor
general/credit-card-terminology
Credit limit

Maximum amount of credit lent to a debtor

general/credit-card-terminology
Online authorisation

Authorization system

general/credit-card-terminology