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consumer loans
consumer loans- Mrs.myers
| Question | Answer |
|---|---|
| Closing costs: | The extra amounts of money that people need to pay when they buy a house. |
| Collateral: | : Property (such as securities) pledged by a borrower to protect the interests of the lender. |
| Counteroffer: | A return offer made by one who has rejected an offer. |
| Earnest money: | Something of value given by a buyer to a seller to bind a bargain. |
| Equity: | The money value of a property or of an interest in a property in excess of claims or liens against it. |
| Finance charge: | SEARCH_RESULTS do not contain a definition of "finance charge." |
| Fixed-rate mortgage: | SEARCH_RESULTS do not contain a definition of "fixed-rate mortgage." |
| Interest: | A charge for borrowed money generally a percentage of the amount borrowed. |
| Lien: | A charge upon real or personal property for the satisfaction of some debt or duty ordinarily arising by operation of law. |
| Market value: | The price at which something can be sold, or the price that buyers are willing to pay for something. |
| Points: | A unit of counting in the scoring of a game or contest |
| Principal: | adjective: most important, consequential, or influential: chief |