Term Answer Description Credit scoring Using this type of plastic payment card exposes you to a loss of $50 to $500, depending upon the circumstances of the loss" if the card is lost, stolen, or fraudulent transactions are made using this card This form of open credit is the only type of consumer credit that allows a borrowing, home-owning taxpayer to deduct the loan's interest charges from his or her taxable income. A. Debit card B. This is the process of evaluating the credit worthiness of a credit applicant via the assessment of an applicant's credit report and the calculation of a credit score FICO score C. Reward card This is a professional financial advisor who assists consumers in danger of bankruptcy in formulating a budget that facilitates the repayment of debts and setting reasonable spending limits This refers to a bank credit card that combines features of a traditional bank credit card with an additional incentive, such as cash or merchandise rebates, airline tickets, or investments D. Convenience check E. Home equity credit line This is one means by which to obtain a cash advance from the bank that offers a credit card F. G. This is the name given to special low introductory interest rates offered by banks to potential new customers Credit counselor Secured card H. This is the most widely used value in the United States to help banks and other institutions make lending decisions. Applicants with relatively high values might be offered lower interest rates on mortgages or other loans, or a higher credit limit. Under this piece of federal legislation, college students cannot be issued credit cards unless they have a verifiable source of income. This type of plastic card is secured with some form of collateral, such as a certificate of deposit. Teaser rate I. Credit Card Act of J. 2009