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QuestionAnswer
Usury law a law restricted the amount of inters that can be charged for credit
Credit report record of a individuals past borrowing and repayments
Collection agent is a person or business that collects payments for overdue bills
Identity theft occurs when someone steals another persons financial informatio
Credit counselor helps people work out a plan for getting out of debt
Consolidation loan combines consumers debts into one loan with lower payments
Bankruptcy is a legal process in which a borrower is relieved of debts after showing an inability to pay
gross the total amount of money you make before taxes
Deductions money taken out of your check for taxes, health care, retirement, unemployment
net pay your gross pay minus deduction
expense amount of money used to buy or do something
surplus extra money
deficit short on money
Created by: asdfgjaja
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