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9 Cards in this Set
- Front
- Back
cash price
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the amount a item costs if bought for cash
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good credit risks
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people likely to pay their debts
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installment price
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the down payment plus the total monthly payments
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unautorized charges
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transactions not approved
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amount due
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principal plus intrest owed on te due date on the promissory note
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credit card advantages
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1- buy now pay later
2-you don't needs to carry cash 3- spread ou your payments 4- detailed records of your purchases |
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downpayment
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the part of the istallment price paid at the time the item is bought
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intrest
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money paid fro the use of money
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principal
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the amont borrowed on a loan
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