to entitle – давать право
a line of credit – кредитная линия
a receipt – расписка в получении, квитанция
introductory rate -
to assess fee – взимать плату за услуги
to encumber – затруднять, обременять долгами to stipulate – оговаривать; ставить условием burdensome – обременительный
a default rate – неуплата задолженности по кредиту
10. Give Russian equivalents:
a cardholder
a consent
fraud protection a debit card
to provide
11. Choose words from the list to fill in the gaps, then use them to make sentences:
default, verbal, fraud, short-term, local, card
1. authorization
2. issuer
3. protection
4. rate
5. loan
6. bank
12. Fill in the gaps with the words and expressions from the text:
1. The issuer of the card grants ….. to the consumer.
2. A credit card allows …. to be quickly made to a customer.
3. Carrying a credit card ….. the need to carry any cash.
4. In the event a payment is missed credit cards often stipulate …...
13. Answer the questions:
1. What does a credit card entitle its holder to?
2. What does the card issuer grant to the user?
3. How does the card holder indicate consent to pay for a purchase?
4. What is the difference between credit cards and debit cards?
14. Use words/phrases from the list to help you retell the text:
To entitle, to grant a line of credit, to indicate consent, to sign a
receipt, short-term loans, fraud protection, to stipulate a default rate