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Managing Credit

| See more in Finance


Created Date 11.17.22
Last Updated 11.17.22
Viewed 1 Times
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Topics of this game:
  • The ability to borrow money or access goods or services with the understanding that you'll pay later
  • A document with information about a person's credit activity and history A document with information about a person's credit activity and history
  • Money set aside for unanticipated expenses or loss of income
  • A law that protects consumers from discrimination in the granting or denying of credit
  • A federal law that helps to ensure the accuracy, fairness, and privacy of the information in consumer credit bureau files
  • A method of debt repayment whereby the borrower prioritizes paying down debts with the smallest balances first
  • Thin file
  • Credit cards, retail accounts, installment loans, finance company and mortgage loans
  • The taking back of property after a borrower has defaulted on payments
  • Attempted recovery of a past-due credit obligation or debt by a collection department or agency
  • A certified financial advisor who works for an accredited nonprofit specializing in helping consumers repay debt in a responsible manner