The Peaceful One :)
Random
Gurr!!!
Vocab.
The Scary One:(
100

Payments that are through Apple Pay, Softcard, and Google Wallet?

What is Mobile Payments

100

What is Chex Systems?

It's a compromised member of financial institutions that refularly contribute info. on closed checking and savings accounts.

100

What is Fair Debt Collection Practices Act?

A federal law that limits the behavior and actions of debt collectors who ate attempting to collect the debt for another person or entity.

100

What is a legal proceeding involving a person or business that is unable to repay outstanding debts?  :( 

'Tis Bankruptcy 

100

What does APR mean? :/

What is Annual Percentage Rate

200

What is 1-9?

Employment Forms.                                                 Employees must show documentation to their employer to show their identity and authorization to work.

200

What is- company that collects info. about h=your credit history and sells it to lenders? :)

'Tis credit card bureaus

200

What is a contract by which someone else for the value of property if it's lost of damaged or to pay usually a specified amount of injury or death?

'Tis Insurance

200

What is Finance Charge?

'Tis a finance charge is often an aggregated cost, including the cost of carrying debt itself along with any telated transaction fees, account maintenence fees of late fees charged by lender.

200

'Tis a long lasting negative record on your credit report. These marks will likely hurt your ability to qualify for credit or obtain desirable rates and typically take seven to ten years to clear from your report.

What is Derogatory Remarks?

300

What is opportunity cost?

Real of potential costs associated with missed opportunities based on choices made.

300

What is the Law of supply and demand?

An economic force. The theory explaining the interaction between the supply of a resource and the demand for the resource. 

300

What is the amount paid for a contract of insurance?

'Tis Premium

300

What is the charge for the privilege of borrowing money, typically expressed an an annyal percentage rate?

'Tis Interest Charge

300

What is the name for a unique set of tasks, skills and abilities that a worker performs?

'Tis Occupation

400

What is the interest paid of figured on the original amount of a loan or on the amount of an account?

'Tis Simple interest

400

What is money one receives in return for work?

'Tis Salary

400

What is a cost of goods or services that changes in amount from week to week or month to month?

'Tis Vasriable Expense

400

What is the amount of money borrowed?

'Tis Principle

400

What is setting aside of income for future spending?

'Tis Saving

500

Security pledged for the payment of a loan: He gave the bank some stocks and bonds ______ for the money he borrowed. 

Collateral

500

What is a schedule of payments showing the amounts of principle and interest that make up each payment?

'Tis amortization table/schedule

500

What is a bonk or credit union account in which you dposit money for future spending?

'Tis Savings account

500

What is a profession of field of employment for which one trains, such as financial services of medicine?

'Tis Career

500

What is interest paid or to be paid both on the principal and on accumated unpaid interest?

'Tis compound interest

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