Show:
Money/Credit
Credit 1
Credit 2
Credit 3
Credit 4
100
the income on which you pay tax
What is Taxable income
100
the ability to repay a loan with present income
What is Capacity
100
(APR)
What is Annual percentage rate
100
property pledged to a creditor to assure repayment of a loan
What is Collateral
100
a shopping method that enables consumers to determine whether they are getting the best quality for the price
What is Comparison shopping
200
a legal process that relieves debtors of the responsibility of paying their debts or protects them while they try to repay
What is Bankruptcy
200
a responsible attitude toward living up to agreements
What is Character
200
a person who actively promotes consumer causes
What is Consumer advocate
200
a company that gathers, stores, and sells credit information to business subscribers
What is a Credit bureau
200
property possessed that is worth more than debts owed
What is Capital
300
the process of matching your checkbook register with the bank statement
What is Reconciliation
300
debts erased by the court during bankruptcy proceedings
What is Discharged debts
300
the total dollar amount of all interest and fees you pay for the use of credit
What is Finance charge
300
a loan for a specific amount that must be repaid in full, including all finance charges, by a stated due date
What is Closed-ended credit
300
a written statement of a consumer's credit history issued by a credit bureau to its business subscribers
What is a Credit report
400
income ranges to which tax rates apply
What is Tax brackets
400
small loan companies that usually charge high interest rates
What is Finance companies
400
a part of the purchase price paid in cash up front, reducing the amount of a loan
What is Down payment
400
treating people differently based on prejudice rather than individual merit
What is Discrimination
400
a person who owes money to others
What is Debtor
500
the cost of credit expressed as a yearly percentage
What is Annual percentage rate (APR)
500
the complete record of your borrowing and repayment performance
What is Credit history
500
a measure of credit-worthiness based on an analysis of a consumer's financial history
What is Credit rating
500
money borrowed to buy something now with an agreement to pay for it later
What is Credit
500
a person who promises in writing to repay a promissory note if the maker fails to pay
What is Co-signer