asdfghjljopuewq credit v

A person who has permission to use and/or carry another person's credit card, but isn't legally responsible for paying the bill

• Financial Adviser

• Credit Counselor

• Principal

• Authorized User

Tags

CCSS.L.9-10.4C

CCSS.L.11-12.4C

CCSS.L.8.4C

CCSS.L.7.4C

CCSS.L.6.4C

The amount of time you have to repay your entire loan

• Principal

• Term

• Interest

• Serial

A small loan, offered through a business, lent at a high interest rate, and meant to be paid as soon as you receive your next paycheck

• Payday Loan

• Private Loan

• Personal Loan

• Title Loan

A plastic card that allows you to make purchases now with borrowed money, which then you must repay to the lender in one lump sum or in monthly payments with interest

• Credit Card

• Charge Card

• Debit Card

• Smart Card

Someone who legally agrees to take responsibility for a person's debt if they cannot repay it

• Payee

• Cosigner

• Codebtor

• Principal

Tags

CCSS.W.9-10.2D

CCSS.L.9-10.6

CCSS.W.11-12.2D

CCSS.L.11-12.6

CCSS.W.8.2D

Original amount of money borrowed, separate from interest or fees

• Customer

• Term

• Principal

• Broker

Tags

CCSS.7.RP.A.3

A loan in which the interest rate can change, based on prime rate or index rate, over the course of the loan

• Revolving Loan

• Secured Loan

• Variable-Rate Loan

• Fixed-Rate Loan

Loan used to finance a specific purchase for a specific amount of time, during which regular payments pay the accrued interest and a portion of the principal

• Consolidation Loan

• Installment Loan

• Unsecured Loan

• Payday Loan

A partial payment made in cash at the beginning of the purchase of a good or service, while the remaining balance is due later or is financed as part of a loan

• Debit Card

• Down Payment

• Collateral

• Payday Loan

A credit card benefit that pays the cardholder a small percentage of their net expenditures, often as cash, payment toward their balance, reward points, travel miles, or gift cards

• Collateral

• Cash Back

• Term

• Drive Off