Credit
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| Elements of Creditworthiness | show 🗑
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| Outstanding Balance | show 🗑
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| Deadbeat | show 🗑
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| show | Simple interest is calculated on the principal, or original, amount of a loan only.
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| show | The cost you pay each year to borrow money, including fees, expressed as a percentage.
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| show | Rate of all loans issued by a lender left unpaid by the borrower. An individual loan is typically declared in default if no payments are made for an extended period as per the initial loan agreement.
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| show | Any charge payable directly or indirectly by the consumer and imposed directly or indirectly by the creditor as an incident to or a condition of the extension of credit
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| Late Fees | show 🗑
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| Minimum Payments | show 🗑
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| show | A set length of time after the due date during which payment may be made without penalty.
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| show | Pay off loans with highest interest first
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| Debt Snowball | show 🗑
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| AnnualCreditReport.com | show 🗑
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| Debt to Income | show 🗑
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| show | Maximum monthly house payment (including principal, interest, and taxes) should be less than 28% of your monthly income.
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| show | A measure comparing the amount of your mortgage with the appraised value of the property.
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| Amortization | show 🗑
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Created by:
bryson11
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