Extended Credit Taker

What is an Extended Credit Taker?

An Extended Credit Taker is slang used by card providers for a Credit Card customer who routinely pays interest on outstanding balances, (and is therefore very profitable).

While paying your credit card balance in full every month will ensure that you do not make any interest payments, being a profitable customer by paying for outstanding balances might make you more tempting as a potential customer to other prospective card providers.


Q: How does being an extended credit taker look on my credit file?

A: As long as you keep up with the repayments your credit file will probably benefit from your credit card usage.

Jargon Buster

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