credit at a reduced rate of interest
1Credit card debt — is an example of unsecured consumer debt, accessed through credit cards. Debt results when a client of a credit card company purchases an item or service through the card system. Debt accumulates and increases via interest and penalties when the… …
2Interest rate risk — is the risk (variability in value) borne by an interest bearing asset, such as a loan or a bond, due to variability of interest rates. In general, as rates rise, the price of a fixed rate bond will fall, and vice versa. Interest rate risk is… …
3Credit card hijacking — is a form of credit card fraud and the term is used when a person’s credit card is used by some unauthorized person (e.g. a thief or overaggressive vendor) to buy goods or services. The credit card owner usually has trouble reasserting control… …
4Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl …
5rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… …
6rate — {{Roman}}I.{{/Roman}} noun 1 speed/frequency ADJECTIVE ▪ constant, expected, regular, steady, unchanged ▪ slow ▪ the slow rate of change …
7Credit counseling — (known in the United Kingdom as debt counseling) is a process that involves offering education to consumers about how to avoid incurring debts that cannot be repaid through establishing an effective Debt Management Plan and Budget. Credit… …
8Credit default swap — If the reference bond performs without default, the protection buyer pays quarterly payments to the seller until maturity …
9Credit channel — The credit channel mechanism of monetary policy describes the theory that a central bank s policy changes affect the amount of credit that banks issue to firms and consumers for purchases, which in turn affects the real economy. Contents 1 Credit …
10Credit Control — Banking A series on Financial services …
