"Credit terminology" refers to the specific words, expressions, and concepts that are commonly used when talking about things related to credit, such as loans, credit cards, interest rates, and credit scores. Full definition
It is important to be familiar with credit terminology in order to determine which type of credit or line of credit is right for you and your needs. (debt.org)
This should give you a handle on what different credit terminology means. (nationalcreditfixers.com)
Now, all creditors must use the same credit terminology and expressions of rates, so consumers are able to look at the annual percentage rate as a point of comparison. (zillow.com)