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5 Cards in this Set
- Front
- Back
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an installement debt owed on real property houses buildings or land
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mortgage
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the inability to pay debts based on the income recieved
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bankruptcy
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law restricting the amount of interest that can be charged for credit
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usury law
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reminders sent by businesses and lending institutions that debt payments are overdue.
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past due notices
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person who signs a loan contract along with the borrower and promises to repay the loan if the borrowers does not
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consigner
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