A method of computing finance charges in which interest is calculated using the average

A fee called a(n) is assessed to customers who go over their credit limit.

Credit offers through individual stores, companies, or other merchants are called .

is the practice of buying first and thinking about it later

With a method of computing finance charges called the , charges and payments are applied first, and then interest is calculated.

An interest rate that changes at the discretion of the creditor is called a(n) .

Property that can be used as security for a loan is called .

Money borrowed now with the agreement to pay it back later is called .

A partial refund of the purchase price of an item is a(n) .

An interest rate on credit that remains the same each month is called a(n) .

The use of electricity, water, and other utilities that you will pay for later is called .

A method of computing finance charges in which interest is calculated using the average daily balance for all the days of the billing cycle is called the .

A type of credit in which you repay a fixed balance with periodic payments is called .

With the type of credit called , you make payments and continue charging to the account.

The maximum amount you are willing to spend for an item is called your .

Standards or features used to judge an item you want to purchase are called .

A fee charged for violating a credit agreement is called a(n) .

A method of computing finance charges in which interest is calculated using the final balance from the previous period is called the

A preapproved amount that can be borrowed is a(n) .