Something of value that a borrower lets the lender claim if a loan is not repaid.

Is a loan that does not have collateral pledged against it.

Is a thing that is borrowed, especially a sum of money that is expected to be paid back with interest.

Is a loan in which the borrower pledges some asset as collateral.

The total amount of money owed lenders or creditors.

There is not a set payoff date for the credit.

The annual rate of interest that is charged for using credit

Amount of money borrowed.

Is the dollar amount it costs to use a credit card.

The amount of time you have to pay the loan back.

The cost to borrow money which has to be paid.

Failure to pay back a loan.

A person who agrees to pay a borrower's debt if he or she defaults on the loan.

There is a set payoff date for the credit.