The loss of value of an asset over time.

An asset that increases in value over time.

A company that collects credit rating information and makes it available to creditors is known as what?

What is the term for failure to repay a loan on time?

What is a statistical number used to represent a consumer's creditworthiness?

The increase in value of a home over time; the difference between the amount owed and what the home could be sold for.

An asset that loses value over time, such as a car that's worth less every year.

The amount of time, in months, that you'll be making payments.

Something owned (that has value) offered as security on a debt; if the debt is not repaid as agreed, the item is forfeited to the lender.

A loan for a fixed amount of money that's paid back in monthly installments.

Credit that automatically renews whenever a payment is made to reduce the debt.

The additional cost a lender charges for borrowing their money is called:

A lender who uses deceptive, unfair, or fraudulent practices on borrowers who are desperate for cash is known as a:

The original amount of a loan; the total amount borrowed before interest is referred to as:

What is the term for money owed to another person or company?

What is it called when the value of an asset falls below what is owed on it?