Definition: A person or organization that uses a product or service

Definition: the percentage of principal charged by the lender for use of its money

Definition: financial debts or obligations

Definition: a plan of action that allows a person to meet not only their immediate needs but also their long-term goals

Definition: the amount by which the value of a person's assets exceeds or falls behind the value of their liabilities

Definition: anything that is owned by an individual, including money in the bank or investments

Definition: the additional cost a lender charges for borrowing their money

Definition: all the financial decisions an individual or family must make in order to earn, budget, save, spend, and give money over time

Definition: The granting of a loan and the creation of debt; any form of deferred payment

Definition: Money owed

Definition: an expression used to describe a person or household whose monthly income is devoted to expenses and has little to no savings

Definition: person or entity that charges borrowers interest rates above an established legal rate

Definition: the dollar value of a person's liabilities is larger than the value of their assets

Definition: the dollar value of a person's assets is greater than the dollar value of their liabilities