Concepts




Claims in respect of credit cards


Claims of the reporting credit institution in respect of overdrafts of customers who have entered into a credit card agreement.



Validity of the definition

  • Valid

Source organisation

  • Tilastokeskus

Claims of the credit institution in respect of overdrafts of customers who have entered into a credit card agreement.

Convenience credit card credit:
Convenience credit card credit is defined as the credit granted at an interest rate of 0 per cent in the period between the payment transaction(s) effectuated with the card during one billing cycle and the date at which the debit balances from the billing cycle become due. Convenience credit can be granted either via a card with a delayed charge facility (debit card) or via a credit card (i.e. cards providing convenience credit and interest bearing credit, or extended credit card credit).

Extended credit card credit:
Extended credit card credit is defined as the credit granted after the due dates of the previous billing cycle or cycles have passed, i.e. debit amounts on the card account have not been settled when this was first possible. Interest rate exceeding 0 per cent is usually charged on the extended credit. The rate of interest may also be tiered.



Statistics using the definition

Validity of the definition

  • Valid

Source organisation

  • Tilastokeskus

Claims of the reporting credit institution in respect of overdrafts of customers who have entered into a credit card agreement.



Statistics using the definition

Validity of the definition

  • Valid

Source organisation

  • Tilastokeskus

Jaa