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1 The least amount of money paid during a billing cycle to be in good standing with the lender.
2 A fee charged on a yearly basis for the benefit of the credit card.
3 Money which is paid in exchange for borrowing money.
4 The amount of money owed if a payment is not on time.
5 This is the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
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