Credit
Credit assets
Insurance/essentials
100
When goods, services, or money is received in exchange for a promise to pay a definite sum of money on a future date?
What is Credit
100
The person or orginization that receives money from the lender?
What is borrower
100
is an arrangement between a individual and their company to keep person insured
What is insurance
200
Pre-approved credit which can be used for the purchase of goods and services?
What is credit card
200
Person who lends money to a borrower?
What is lender
200
an amount of money, after the deductible, that is paid for jointly by the insured and the insurance company?
What is Co insurance
300
When a lender checks if you have valuable assets, such as real estate, personal property, and investments?
What is Capital
300
extended as a line of credit established in advance so that the borrower does not have to apply for credit each time new credit is desired?
What is Closed-end credit
300
The risks covered and and amount of money paid for losses under an insurance policy?
What is Coverage
400
A public company that provides analytics and decison making services, including credit scoring?
What is FICO
400
a loan in which the borrower must repay the amount in a specified number of equal payments?
What is open-end credit
400
Someone who relies on someone else for money and care?
What is Dependent
500
What are the 3 credit bureas?
What is Transunion, Equifax, and Experian
500
The rate at which interest is charged
What is Annual Percentage Rate
500
Provides payment to replace earnings during times when workers cannot work due to illness or injury?
What is Disablity insurance
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