Credit Cards » Glossary

Glossary

Credit Card Issuer

A credit card issuer is a bank, credit union, association or business that offers a plastic credit card to customers or prospective customers. In essence, the credit card issuer offers to lend money to customers who wish to use their credit card to make purchases. The issuer also sets the terms of the loan, including dates when the loan is to be repaid and financial charges that will accrue if the loan is not paid in full. The liability of the credit card issuer, often a bank, is shared with the credit card brand association.

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