Chapter 5 Introduction To Consumer Credit Flashcards Quizlet Benefits of credit cards. short term no interest loan if paid in full monthly. rewards, rebates points. insurance on purchases. protection against fraudulent use. home equity loans. loan based on the current market value of your home minus the amount still owing on your mortgage. can borrow up to 85% of your equity. Credit. an arrangement to receive cash, goods, or services now and pay for them in the future. consumer credit. the use of credit of personal needs. student loans, mortgages, business loans, investment loans. examples of good debt that creates value (4) auto debt, credit cards, retail credit.
Chapter 5 Customer Accounts Flashcards Quizlet 5 steps to follow when a credit card is stolen. 1. find the toll free number to call on your credit card statement and call your credit card issuer to tell them your card was stolen. 2. cancel the stolen card immediately. 3. ask for a new account number and a new card to be sent to. Chapter 5 introduction to consumer credit. he in the future ortgage by individual and. ed period of time. efficient or more productive. ter. good and services now to spend in the future. y for them through payment plans. n you make the purchase and yment is due 30 days if the balance is paid in full. tercard and offer rebates on. Types of credit. two basic types: consumer loans and revolving credit; consumer loans o one time loan that the borrower pays back in a specified period of time with a pre determined payment schedule o e. home mortgages, autmobile or household furnishings; revolving credit. Quiz 5: introduction to consumer credit. access for free. share. all types. filters. study flashcards practice exam learn. question 1. true false.
Ppt Chapter 5 Introduction To Consumer Credit Powerpoint Presentation Types of credit. two basic types: consumer loans and revolving credit; consumer loans o one time loan that the borrower pays back in a specified period of time with a pre determined payment schedule o e. home mortgages, autmobile or household furnishings; revolving credit. Quiz 5: introduction to consumer credit. access for free. share. all types. filters. study flashcards practice exam learn. question 1. true false. Chapter 6: consumer credit. credit: arrangement to receive cash, goods, or services now and pay for them in the future. consumer credit: use of credit for personal needs (except a home mortgage) by individuals and families; alternatives: draw on savings, use present earnings, or borrow against expected future income. The lesson plan includes a vocabulary list. select the vocabulary items that are new to your learners or are most important, and present no more than 6 8 new items per lesson for learners with basic skills, and no more than 10 12 for those with intermediate and higher skills. the web page on using credit has three sections: what it is, what to.
Ppt Chapter 5 Introduction To Consumer Credit Powerpoint Presentation Chapter 6: consumer credit. credit: arrangement to receive cash, goods, or services now and pay for them in the future. consumer credit: use of credit for personal needs (except a home mortgage) by individuals and families; alternatives: draw on savings, use present earnings, or borrow against expected future income. The lesson plan includes a vocabulary list. select the vocabulary items that are new to your learners or are most important, and present no more than 6 8 new items per lesson for learners with basic skills, and no more than 10 12 for those with intermediate and higher skills. the web page on using credit has three sections: what it is, what to.
Comments are closed.