Bankruptcy
Credit Clauses/Terms
Credit Agencies
100
money deducted from wages to pay for debt
What is garnishment
100
A large purchase that is worth a lot of money
What is big ticket item
100
the federal agency that regulates advertising on TV and radio
What is FCC
200
the time frame of 7 years that a person can sue
What is statute of limitations
200
A place which keeps records of people's borrowing habits
What is credit bureau
200
The federal agency that regulates product labels and warnings
What is FDA
300
type of bankrupcty where they sell you assets to pay your debts
What is Chapter 7
300
a sale in which goods can be repossessed if not paid back
What is conditional
300
the organization the settles disputes between creditors and customers
What is BBB
400
type of bankruptcy where you are put on a payment program
What is Chapter 13
400
other purchases are used as security for payment
What is add on clause
400
the website that will allow you to get a credit report for free
What is freecreditreport.com
500
the type of bankruptcy a business files for
What is Chapter 11
500
the last payment is the largest
What is balloon clause
500
the 3 main credit bureaus
What is experian, transunion, and equifax
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