Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Argylls 8 CJS

TermDefinition
credit an arrangement to receive cash, goods or services now and pay for them in the future
consumer credit use of credit for personal needs
creditor an entity that lends money
closed-end credit a one-time loan that you will pay the bank back over a specified period of time
open-end credit a loan with a certain limit on the amount of money
line of credit the maximum amount of money a creditor will allow a credit user to barrow
grace period a time period where no finance charges will be added to your account
finance charge the total dollar amount you pay to use credit
net income the income you receive
annual percentage rate (APR) the cost of credit on a yearly basis
collateral a form of security to help guarantee that the creditor will be repaid
simple interest the interest computed only on the principal
minimum monthly payment the smallest amount you can pay
credit rating a measure of a persons ability and willingness to make credit payments on time
cosigning a loan that means that you agree to be responsible for the loan payments if the other person fails to do so
bankruptcy is a legal process in which some or all of the assets of a debtor are distributed among the creditors
impostors people who deceive others by assuming different identities and all of your personal information
Credit Card Act the act passed in 2009 that established fair and clear practices for extending credit to consumers
Your creditor must acknowledge your letter within ___ days 30
promptly on time
Created by: Caciseals14
Popular Finance sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards