A ______ is a detailed breakdown of an individual's credit history prepared by a credit bureau.

The unpaid portion of a loan or credit account excluding interest and other fees.

A monthly payment that a borrower needs to pay to keep their account current and avoid late fees.

This is declared when an individual's obligations, debts and bills cannot be satisfied or paid off because the individual doesn't make enough money.

The most common examples of this type of account are electricity, natural gas, water and mobile contracts.

A "for profit" company that collects information relating to credit rating of individuals and makes those ratings available to credit card companies, financial institutions, consumers, etc.

This happens when monthly mortgage payments to a bank stop. After a short period of time, the bank is allowed to foreclose on the house.

Bankruptcy can be reported for up to _____ years.

A one-time cash payment that is submitted early in the loan application process.

Represents the first time the item was reported late.

True or False. Identity theft insurance applies for events that occurred even before the client has enrolled with Lexington.

This is a type of correspondence sent to the creditors requesting information regarding a negative item.

This person is considered as the top dog of Lexington Law Firm.

This became the origin of our name Lexington Law Firm.