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Credit Glossary



 

A Glossary of Credit Terms and Definitions

 

Accounts Receivable

Amortize

ANI

Attorney

Automatic Number Identifier

 

Bad Debt Expense

Bankruptcy

Blackmail

Bulletproofing

 

Cease-Commed

Chapter 7

Chapter 11

Chapter 13

Chapter 20

Charge-off

Class-action lawsuit

Coercion

Commission

Consumer Credit Counseling Service (CCCS)

Contingency basis

Credit grantor

Credit manager

Credit record

Credit repair manual

Criss-cross

 

Debtors' havens

Deceptive forms

Deed in lieu of foreclosure

Deep discount

Defaulted student loans

Deferment

Deposition

Discharged

Discounts

Dispossession of property

 

Erroneous information

Exempt assets

 

Financial management

Fraudulent activity

Freebie report

 

Getting bulletproof

 

Hired gun

Hot checks

 

IRS refund offset program

Interrogatory

 

Knee Breaker Collection Agency

 

Leverage

 

Mail drops

Medical bills

 

National Foundation For Consumer Credit: Parent organization for CCCS. (see Consumer Credit Counseling Service)

Negative information (or remarks)

Non-dischargeable debt

 

Old debt

Open account

 

Paid As Agreed

Paralegal

Positive identification

Postdated check

Profit & Loss Statement

Prospective creditor

Public records

 

Red ink

Regulatory agencies

Reply card tracer

Re-prioritize

Revolving charge card (or credit line)

Risk free

Roll over

 

Scam

Scoring system

Secured creditor

Secured credit card

Skip and skiptracing

Snake oil

Social security number

 

Third-party debt collector

Threats

Time-Value of money

Trial by fire

 

Uncollectible

Underground

Unscrupulous tactics

Unsecured creditor

 

Vito

 

Wage-earner plan

 

This "Glossary of Home Mortgage Terms & Definitions" © 2004 - Net Guides Publishing, Inc.

 
 
 

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