spending

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

• borrower

• closed-end credit

• collection agency

• co-signer

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

• co-signer

• borrower

• collection agency

• close-end credit

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

• borrower

• closed-end credit

• collection agency

• co-signer

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

• borrower

• closed-end credit

• collection agency

• co-signer

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

• credit

• credit history

• credit limit

• credit report

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

• Credit report
• credit history

• credit limit

• Credit

the maximum dollar amount that can be borrowed

• credit

• credit history

• credit limit

• credit report

the record of a person' use of credit

• credit history

• credit limit

• credit report

• credit

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 report agencies

• credit score

• foreclosures

• lender

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

• credit report agencies

• credit score

• foreclosures

• lender