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| The ability to obtain goods or services before payment, based on the trust that payment will be made in the future: "unlimited credit". |
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| A person or company to whom money is owed. |
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| First in order of importance; main. |
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| Loan for which some form of acceptable collateral. |
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| Something pledged as security for repayment of a loan. |
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| Generally, any loan or credit sale agreement in which the amounts advanced. |
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| a consumer credit line that can be used up to a certain limit or paid down at any time. |
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| 1.A sum of money due as one of several equal payments for something, spread over an agreed period of time: "paid in installments". |
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| In United States law, a finance charge is any fee representing the cost of credit, or the cost of borrowing. |
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| Credit history or credit report is, in many countries, a record of an individual's or company's past borrowing. |
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| A company that collects the credit ratings of individuals and makes them available to credit card companies, financial institutions, etc. |
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| Credit history or credit report is, in many countries, a record of an individual's or company's past borrowing. |
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| 1.An estimate of the ability to fulfill financial commitments, based on previous dealings |
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| A credit score in the United States is a number representing the creditworthiness of a person, the likelihood that person will pay. |
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| one of two or more signers of the same document (as a treaty or declaration). |
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| Annual (or annualized) percentage rate, typically of interest on loans or credit. |
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| A grace period is a time past the deadline for an obligation during which a late penalty that would have been imposed. |
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| A credit limit is the maximum amount of credit that a financial institution or other lender will extend to a debtor. |
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| Consumer Finance Companies |
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| Consumer finance in the most basic sense of the word refers to any kind of lending to consumers. |
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| A moneylender who charges extremely high rates of interest. |
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| An initial payment made when something is bought on credit. |
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| A repayment of the outstanding principal sum made at the end of a loan period, interest only having been paid hitherto. |
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| An acceleration clause, in the law of contracts, is a term that fully matures the performance due from a party. |
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| A provision contained in a contract that covers the purchase of several installments of goods. |
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| When refinancing, the right of borrowers to cancel the deal with no financial penalty, within 3 days of closing. |
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| (typically of a young person or that person's behavior) Showing or characterized by a tendency to commit crime, particularly minor crime. |
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| Failure to fulfill an obligation, esp. to repay a loan or appear in a court of law. |
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| the action of regaining possession (especially the seizure of collateral securing a loan that is in default). |
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| A collection agency is a business that pursues payments on debts owed by individuals or businesses. |
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| A right to keep property belonging to another person until a debt is paid. |
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| 2.A court order directing that money or property of a third party (usually wages paid by an employer) be seized to satisfy a debt owed. |
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| Credit counseling (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers. |
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| Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate. |
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| 1.The state of being bankrupt: "many companies were facing bankruptcy"; "bankruptcy proceedings". |
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