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Unit 3 Managing Credit

Horizontales
a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut
the percentage of your total credit used from the total credit available to you
anything you own that adds financial value
a measure of how likely you will default on your debt obligations according to a lender's assessment, or how worthy you are to receive new credit.
a measure of the interest rate plus the additional fees charged with the loan
your ability to repay loans
Verticales
debts or obligations a person or company owes to someone else
the combined effect of interest rates (the interest rate component of the monetary conditions) and the exchange rate (the exchange rate component) on the economy
you're responsible for all the interest that accrues, even while you're in school
money you owe a person or a business
you don't have enough information — or enough recent information — in your credit history for a credit bureau to determine your credit score
a valuable asset that a borrower pledges as security for a loan
a term for cash or financial assets held by a business or an individual