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Aerospace Engineering
Kindergarten
04/11/2012
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Term
installment
 Definition
principal interest is divided into equal payments
Term
usury
 Definition
charging interest above the legal limit
Term
Credit Rating
 Definition
estimation of the probability to pay
Term
bankruptcy
 Definition
legal declaration of inability to pay
Term
annual percentage rating
 Definition
cost of credit depicted as a yearly %
Term
finance charge
 Definition
total cost of credit
Term
credit bureau
 Definition
credit reporting service
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