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Autumn - Page Text Content

FC: Credit

1: Annual Percentage Rate: interest rate for one year

2: Closed-end Credit: any loan or credit sale agreement in which the amounts advanced

3: Collateral: something pledged as security for a loan

4: Contract: a written or spoken agreement

5: Cosigner: one of two or more signers of the same document

6: Credit: the ability to get goods/services before payment, based on the trust that the payment will be made in the future

7: Credit Card: a card issued by a bank to use for the purchase of goods/services on credit

8: creditor: a person or company to whom money is owed

9: I love the leaves, I do not know why. Is it their colors or how they fly? They crunch and crinkle Under my feet; I pile them up And take a leap! | credit Report: a record of an individual's or companies past borrowing and repaying

10: Credit worthy: considered suitable to receive credit

11: foreclosure: taking possession of a mortgaged property because someone couldn't pay their mortgage

12: Pawnshop: a place where unredeemed items are sold to the public

13: open-end credit: a consumer credit line that can be used up to a certain limit or paid down at any time

14: Principal: the amount borrowed or the amount still owed on a loan

15: Rent-to-own: type of retail storefront businesses which rents assets or items

16: Repossession: the taking back of property by a lender or seller from the borrower or buyer, usually due to default

17: Secured loan: a loan where the borrower pledges some asset as collateral for the loan

18: Title loan: where the borrower provides their car as collateral for a loan

20: Nature gives to every season, a beauty all its own. - Charles Dickens

23: Fall is here!

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chas bomgardner
  • By: chas b.
  • Joined: over 6 years ago
  • Published Mixbooks: 1
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About This Mixbook

  • Title: Autumn
  • Tags: None
  • Published: over 5 years ago