Credit Library - Credit Glossary – Meaning Of Forbearance

The world of Credit Cards is full of a number of Specific Terms which you need to know in order to understand the Transactions, Rules better. But you will not find a uniformed dictionary where you can turn to seek help from. To solve this problem, TopCreditCards.com, presents here the complete Credit Card Glossary covering Terms from A - Z commonly used in the credit card world.

Simply Click on the Alphabet or Click on the Definition to find out the Meaning of the Term with Detailed Explanation below.

Forbearance

In consonance with the lender when the credit card holder chooses to take more time to pay up the dues is forbearance. The time is usually extended for about six months to a year, to make the payments. However it is not that there would be any exemption from payments; it is only that there would be an extended time of payment.

Fair Credit Billing Act	Finance Charge	Floor	Fraudulent Transaction
Fair Credit Reporting Act	Financial Rewards	Floor Limit	Fraudulent User
Federal Deposit Insurance Corporation	Fixed Rate	Forbearance	Fulls
Federal funds Rate	Fleet Cards	Foreign Conversion Fee	Funding
FICO Score	Float	Fraud Alert


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