Matching Pairs Getting started with creditOnline version See page 230-235 in the textbook to find the answers to this activity. by Jeni Garcia 1 Credit card 2 Debt 3 Store account 4 Credit 5 Charge card. 6 Collateral 7 Line of credit 8 Installment credit 9 Revolving credit 10 Consumer loan 11 Service credit A direct loan of cash made to a consumer at a fixed interest rate for a set period of time. Property that can be used to secure a loan. The ability to borrow money and pay it back later. A pre-approved loan amount that a debtor can borrow as needed with no collateral A form of credit card for which the cardholder must pay the balance in full by the due date. Money that must be repaid The ability to receive services and pay for them at a later date. A plastic card linked to a credit account that can be used to make purchases. A credit account that allows you to charge items or services only at that store with that merchant. Credit used to finance the purchase of a single high priced item through as series of equal payments made over a set period of time. An account on which the account holder can charge repeatedly up to a maximum limit.
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