Someone who recieves something with a promise to return it or its equivalent

$ Money

Quiz
•
Fun
•
KG
•
Hard
Elijah Rogers
FREE Resource
59 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
tax lien
lender
credit
borrower
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a loan of a certain amount of money that a borrower must repay ina aspecified number of equa payments. (installment credit)
tax lien
lender
credit
closed end credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
busfinesses hired by lenders to pursue payments on debtsthat borrowers have not paid back according to the terms of the credit contract
tax lien
lender
credit
collection agency
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a person who is equally responsible for paying back debt undrer the credit terms
tax lien
lender
credit
co signer
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
refers to goods, services and or money recieved in exchange for a promise to pay back a definite sum of money art a future date
tax lein
lender
cosigner
credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a record of the borrower's past loans and credit-relateed transactions
taxlien
lender
credit
credit history
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a maximum dollar amount that can be borrowed
tx lien
lender
credit
credit limit
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