Interest rate
A credit card’s interest rate is the price paid for borrowing money. Interest rates are typically stated as a yearly rate, the annual percentage rate (APR). On most cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.
Prescreened credit card offer
A prescreened credit card offer is when credit card companies use information from credit reporting companies to make firm offers of credit to you, if your credit history meets the criteria selected by the card company.
Unauthorized use
Generally, unauthorized use is the use of a credit card by a person who does not have the right to use the card.
