Relier Pairs Getting started with creditVersion en ligne See page 230-235 in the textbook to find the answers to this activity. par Jeni Garcia 1 Store account 2 Consumer loan 3 Line of credit 4 Collateral 5 Charge card. 6 Debt 7 Service credit 8 Credit 9 Credit card 10 Installment credit 11 Revolving credit Money that must be repaid An account on which the account holder can charge repeatedly up to a maximum limit. Property that can be used to secure a loan. A plastic card linked to a credit account that can be used to make purchases. A credit account that allows you to charge items or services only at that store with that merchant. The ability to borrow money and pay it back later. Credit used to finance the purchase of a single high priced item through as series of equal payments made over a set period of time. A direct loan of cash made to a consumer at a fixed interest rate for a set period of time. A pre-approved loan amount that a debtor can borrow as needed with no collateral The ability to receive services and pay for them at a later date. A form of credit card for which the cardholder must pay the balance in full by the due date.
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