Terms that begin with P

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• Penalty APR
• Penalty Fees
• Periodic Rate
• Periodic rate
• Personal Credit
• Personal credit history
• PIN (Personal Identification Number)
• Point Of Sale (POS)
• Post Date
• Pre approved line of credit
• Previous balance
• Primary Account Number (PAN)
• Prime Rate
• Prior Authorization
• Prior Closing Date
• Processing Date
• Purchases

The Prime Rate, published daily in the nation's leading financial publications, is a financial index offered by some of the U.S.'s largest banks reflecting the current domestic and world economies. The Prime Rate is the base rate for most variable APRs (expressed as the Prime Rate + another set rate). In fact, the continual fluctuation of the Prime Rate is what makes some APRs "variable".

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Next Credit Card Term: Prior Authorization