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Ch.17 Terms

Terms

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copy deck
The complete record of your borrowing and repayment performance.
Credit History
A Company that gathers, stores, and sells credit information to business subscribers.
Credit Bureau
A written statement of a consumer's credit history, issued by a credit buraeu to its business subscribers.
Credit Report
A responsible atrtitude toward living up to agreements, often judged on evidence in the person's credit History.
Character
The financial ability to repay a loan with present income.
Capacity
A measure of creditworthiness based on a analysis of the consumer's financial history.
Credit Rating
Treating people differently based on a prejudice rather than individual merit.
Discrimination
A person or company hired by a creditor to collect the overdue balance to an account
Debt Collector

Deck Info

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