It means youare no longeran authorizeduser to thecredit bureauscredit advancedto consumersfor thepurchase ofgoods orservicesA credit scoreis dynamicand canchangepositivelyUnsecuredcredit cardsare the mostcommon typeof credit cardsfinance chargeis any feerepresentingthe cost ofcreditfirst in orderofimportance;mainThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRa person orinstitutionthat owes asum ofmoneymoneyowed to acompany byits debtorsDebt collectionis the processof pursuingpayments ofdebtsOpen-endcredit is aapprove loanbetween afinancialinstitutionaging report isthe primarytool used bycollectionspersonnelsecured creditmeanscredit/loanthat is backedby a collateralA credit riskis the riskof defaulton a debtthe ability of acustomer toobtain goods orservices beforepaymentBusiness creditis the ability fora company toobtainborrowedmoneyinstallmentloan is a loanthat is repaidover timetrade credit isan essentialtool forfinancinggrowtha person orcompany towhom moneyis owedA debitcard issuedby or inconjunctionClosed-endcredit is a typeof credit thatshould berepaid in fullamounta companythat collectsinformationrelating to thecredit ratingscharacter,capacity,capital,conditions andcollateralA company'spolicy on whenits customersshould pay forgoods orservicesa numberassigned to aperson thatindicates tolenders theircapacity to repaya loanIt means youare no longeran authorizeduser to thecredit bureauscredit advancedto consumersfor thepurchase ofgoods orservicesA credit scoreis dynamicand canchangepositivelyUnsecuredcredit cardsare the mostcommon typeof credit cardsfinance chargeis any feerepresentingthe cost ofcreditfirst in orderofimportance;mainThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRa person orinstitutionthat owes asum ofmoneymoneyowed to acompany byits debtorsDebt collectionis the processof pursuingpayments ofdebtsOpen-endcredit is aapprove loanbetween afinancialinstitutionaging report isthe primarytool used bycollectionspersonnelsecured creditmeanscredit/loanthat is backedby a collateralA credit riskis the riskof defaulton a debtthe ability of acustomer toobtain goods orservices beforepaymentBusiness creditis the ability fora company toobtainborrowedmoneyinstallmentloan is a loanthat is repaidover timetrade credit isan essentialtool forfinancinggrowtha person orcompany towhom moneyis owedA debitcard issuedby or inconjunctionClosed-endcredit is a typeof credit thatshould berepaid in fullamounta companythat collectsinformationrelating to thecredit ratingscharacter,capacity,capital,conditions andcollateralA company'spolicy on whenits customersshould pay forgoods orservicesa numberassigned to aperson thatindicates tolenders theircapacity to repaya loan

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