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a loan in which something of value has been pledge to insure repayment of the loan |
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a company that specializes in granting small loans to borrowers with little or no credit standing |
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the yearly rate paid for the use of money |
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a loan repaid with interest in a series of payments |
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cost of using borrowed money which may include loan fees, credit insurance, interest, ect. |
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person who promises to repay the debt if the person who was given the loan fails to do so |
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legal contract giving a lender permission to acquire ownership of real estate if the loan is not repaid |
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one to whom money is owed |
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an amount paid for the use of money |
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an allowance made to your former spouse for support after a legal separation or divorce; in some states___is called maintenance |
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financial situation in which your debts are greater than the total value of your assets |
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the amount of an insurance policy that an insurance company will lend to a policyholder |
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someone who signs a loan with you and promises to repay the debt if you do not repay it |
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co-applicant, joint applicant, cosigner |
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joint ownership, two or more people share ownership rights |
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people who will recommend that you are a good credit risk |
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amount still owed on a debit |
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failure to fulfill the terms of the loan agreement |
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those who rely on you for financial support |
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financial obligations, such as a car loan |
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person or institution to whom you make mortgage payments |
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the amount of money a borrower or policyholder receives |
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land and anything attached to it |
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to take back what was sold on an installment plan if payments are not made as agreed |
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another name for stocks and bonds |
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delinquent debt; payment that is overdue |
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method of calculating interest |
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