the ability of acustomer toobtain goods orservices beforepaymenta person orcompany towhom moneyis owedDebt collectionis the processof pursuingpayments ofdebtsfirst in orderofimportance;maininstallmentloan is a loanthat is repaidover timeaging report isthe primarytool used bycollectionspersonnelUnsecuredcredit cardsare the mostcommon typeof credit cardsA company'spolicy on whenits customersshould pay forgoods orservicesa numberassigned to aperson thatindicates tolenders theircapacity to repaya loancharacter,capacity,capital,conditions andcollateralA debitcard issuedby or inconjunctionfinance chargeis any feerepresentingthe cost ofcreditIt means youare no longeran authorizeduser to thecredit bureausa person orinstitutionthat owes asum ofmoneycredit advancedto consumersfor thepurchase ofgoods orservicessecured creditmeanscredit/loanthat is backedby a collateralClosed-endcredit is a typeof credit thatshould berepaid in fullamounttrade credit isan essentialtool forfinancinggrowthA credit riskis the riskof defaulton a debtmoneyowed to acompany byits debtorsOpen-endcredit is aapprove loanbetween afinancialinstitutionBusiness creditis the ability fora company toobtainborrowedmoneyA credit scoreis dynamicand canchangepositivelya companythat collectsinformationrelating to thecredit ratingsThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APRthe ability of acustomer toobtain goods orservices beforepaymenta person orcompany towhom moneyis owedDebt collectionis the processof pursuingpayments ofdebtsfirst in orderofimportance;maininstallmentloan is a loanthat is repaidover timeaging report isthe primarytool used bycollectionspersonnelUnsecuredcredit cardsare the mostcommon typeof credit cardsA company'spolicy on whenits customersshould pay forgoods orservicesa numberassigned to aperson thatindicates tolenders theircapacity to repaya loancharacter,capacity,capital,conditions andcollateralA debitcard issuedby or inconjunctionfinance chargeis any feerepresentingthe cost ofcreditIt means youare no longeran authorizeduser to thecredit bureausa person orinstitutionthat owes asum ofmoneycredit advancedto consumersfor thepurchase ofgoods orservicessecured creditmeanscredit/loanthat is backedby a collateralClosed-endcredit is a typeof credit thatshould berepaid in fullamounttrade credit isan essentialtool forfinancinggrowthA credit riskis the riskof defaulton a debtmoneyowed to acompany byits debtorsOpen-endcredit is aapprove loanbetween afinancialinstitutionBusiness creditis the ability fora company toobtainborrowedmoneyA credit scoreis dynamicand canchangepositivelya companythat collectsinformationrelating to thecredit ratingsThe term annualpercentage rate ofcharge,correspondingsometimes to anominal APR

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