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Emotional appeals reduce drive, while rational appeals increase drive.
Average Daily Balance
The average amount owed per day during a billing cycle.
Finance Charges
The cost of borrowing money on credit, including interest and other fees.
Billing Cycle
A predetermined amount of time set by the credit card company that is used for calculating a credit card bill.
Credit Card
A type of credit card account that has a revolving charge where the entire bill does not have to be paid in full each month.
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