someone who receives something with a promise to return it or its equivalent

• borrower

• credit report

• Oprah Winfrey

• tax lien

a loan of a certain amount of money that a borrower must repay in a specified number of equal payments. Also known as installment credit.

• borrower

• credit report

• closed-end report

• tax lien

businesses hired by lenders to pursue payments on debts that borrowers have not paid back according to the terms of the credit contract

• borrower

• collection agency

• closed-end report

• tax lien

a person who is equally responsible for paying back debt under the credit terms

• borrower

• collection agency

• closed-end report

• co-signer

refers to goods, services, and/or money received in exchange for a promise to pay back a definite sum of money at a future date

• credit

• collection agency

• closed-end report

• co-signer

a record of the borrower's past loans and credit-related transactions

• credit

• collection agency

• credit history

• co-signer

the maximum dollar amount that can be borrowed

• credit

• collection agency

• credit history

• credit limit

a record of a person's use of credit

• credit

• credit report

• credit history

• credit limit

agencies that create credit reports based on the information they receive from lenders regarding a borrower's account history with that lender. sometimes called credit bureaus

• credit reporting agencies

• credit report

• credit history

• credit limit

a numerical summary of your credit history that indicates your credit worthiness (likelihood of repaying a loan as agreed)

• credit reporting agencies

• credit report

• credit score

• credit limit