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9 Cards in this Set

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