Internet Credit Card Balance Transfer
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Charge card - A charge card is similar to a credit card, except that the charges made to it must be paid-off each month, rather than having revolving credit which carries a balance forward. Many people are not aware of this distinction however, and often interchangeably use "charge card" to describe any card which can be used as payment, or "credit card" for any credit or charge card.
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.
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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