Closed-endcredit is a typeof credit thatshould berepaid in fullamountfirst in orderofimportance;maincharacter,capacity,capital,conditions andcollateralmoneyowed to acompany byits debtorsa numberassigned to aperson thatindicates tolenders theircapacity to repaya loanfinance chargeis any feerepresentingthe cost ofcreditcredit advancedto consumersfor thepurchase ofgoods orservicesaging report isthe primarytool used bycollectionspersonneltrade credit isan essentialtool forfinancinggrowtha companythat collectsinformationrelating to thecredit ratingsA company'spolicy on whenits customersshould pay forgoods orservicesUnsecuredcredit cardsare the mostcommon typeof credit cardsBusiness creditis the ability fora company toobtainborrowedmoneyThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRIt means youare no longeran authorizeduser to thecredit bureausDebt collectionis the processof pursuingpayments ofdebtsinstallmentloan is a loanthat is repaidover timeA credit riskis the riskof defaulton a debta person orinstitutionthat owes asum ofmoneythe ability of acustomer toobtain goods orservices beforepaymentA credit scoreis dynamicand canchangepositivelysecured creditmeanscredit/loanthat is backedby a collateralOpen-endcredit is aapprove loanbetween afinancialinstitutiona person orcompany towhom moneyis owedA debitcard issuedby or inconjunctionClosed-endcredit is a typeof credit thatshould berepaid in fullamountfirst in orderofimportance;maincharacter,capacity,capital,conditions andcollateralmoneyowed to acompany byits debtorsa numberassigned to aperson thatindicates tolenders theircapacity to repaya loanfinance chargeis any feerepresentingthe cost ofcreditcredit advancedto consumersfor thepurchase ofgoods orservicesaging report isthe primarytool used bycollectionspersonneltrade credit isan essentialtool forfinancinggrowtha companythat collectsinformationrelating to thecredit ratingsA company'spolicy on whenits customersshould pay forgoods orservicesUnsecuredcredit cardsare the mostcommon typeof credit cardsBusiness creditis the ability fora company toobtainborrowedmoneyThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRIt means youare no longeran authorizeduser to thecredit bureausDebt collectionis the processof pursuingpayments ofdebtsinstallmentloan is a loanthat is repaidover timeA credit riskis the riskof defaulton a debta person orinstitutionthat owes asum ofmoneythe ability of acustomer toobtain goods orservices beforepaymentA credit scoreis dynamicand canchangepositivelysecured creditmeanscredit/loanthat is backedby a collateralOpen-endcredit is aapprove loanbetween afinancialinstitutiona person orcompany towhom moneyis owedA debitcard issuedby or inconjunction

CH. 16 Vocabulary - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. Closed-end credit is a type of credit that should be repaid in full amount
  2. first in order of importance; main
  3. character, capacity, capital, conditions and collateral
  4. money owed to a company by its debtors
  5. a number assigned to a person that indicates to lenders their capacity to repay a loan
  6. finance charge is any fee representing the cost of credit
  7. credit advanced to consumers for the purchase of goods or services
  8. aging report is the primary tool used by collections personnel
  9. trade credit is an essential tool for financing growth
  10. a company that collects information relating to the credit ratings
  11. A company's policy on when its customers should pay for goods or services
  12. Unsecured credit cards are the most common type of credit cards
  13. Business credit is the ability for a company to obtain borrowed money
  14. The term annual percentage rate of charge, corresponding sometimes to a nominal APR
  15. It means you are no longer an authorized user to the credit bureaus
  16. Debt collection is the process of pursuing payments of debts
  17. installment loan is a loan that is repaid over time
  18. A credit risk is the risk of default on a debt
  19. a person or institution that owes a sum of money
  20. the ability of a customer to obtain goods or services before payment
  21. A credit score is dynamic and can change positively
  22. secured credit means credit/loan that is backed by a collateral
  23. Open-end credit is a approve loan between a financial institution
  24. a person or company to whom money is owed
  25. A debit card issued by or in conjunction