✓ Matching Mateh each term in Column A with its definition in
Column B.
c.
Column A
1. credit
2. APR
3. contract
4. finance charge
5. installment
plan
6. down payment
7. unpaid balance
8. "three C's" of
credit
9. collateral
Column B
a. capacity, collateral, character
b. a portion of the cost of goods that the buyer pays
at the time of purchase
an agreement by which a consumer is allowed to
pay off the purchase in a series of weekly or
monthly payments.
d. the amount that is owed after a payment is
made on a loan
e. a uniform way of telling the consumer what the
yearly interest rate on a loan is
f. the advance of money with a promise to repay at
a future date
g. something of value, pledged to protect the
interest of the lender
h. a binding agreement between two or more
persons
i. the total dollar cost of borrowing
