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 Consumer loan 2 Charge card. 3 Credit 4 Installment credit 5 Store account 6 Service credit 7 Revolving credit 8 Collateral 9 Line of credit 10 Credit card 11 Debt Property that can be used to secure a loan. A pre-approved loan amount that a debtor can borrow as needed with no collateral An account on which the account holder can charge repeatedly up to a maximum limit. 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. 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. Money that must be repaid 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.
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