Relier Pairs Long term debt repaymentVersion en ligne Answer the questions using the information on pp 258-264 in the text book par Jeni Garcia 1 Preapproved loan 2 Debt repayment plan 3 Down payment 4 Refinancing 5 Trade-in 6 Prepayment penalty 7 Mortgage 8 Balloon payment 9 Rent to own agreement A large lump sum payment that must be paid at a set time. A strategy for paying off debt in a way that reduces the total interest paid A fee charged if you repay a loan before the agreed upon time. Paying off an existing loan with a new loan that usually has better terms A contract on which a portion of the renter's monthly payment is applied towards the purchase price of the rented item. A loan used to purchase real estate Something of value applied towards the down payment of a new purchase A cash deposit towards the purchase price that is paid up front. A loan for which a maximum amount is established and approved in advance
Créer jeu