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 Service credit 2 Charge card. 3 Revolving credit 4 Store account 5 Credit 6 Installment credit 7 Consumer loan 8 Credit card 9 Line of credit 10 Collateral 11 Debt Property that can be used to secure a loan. The ability to borrow money and pay it back later. 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. An account on which the account holder can charge repeatedly up to a maximum limit. A direct loan of cash made to a consumer at a fixed interest rate for a set period of time. The ability to receive services and pay for them at a later date. 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 form of credit card for which the cardholder must pay the balance in full by the due date. A pre-approved loan amount that a debtor can borrow as needed with no collateral Money that must be repaid
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