GLOSSARY

Capital Capital / cash reserves Card holder agreement Cash advance Cash advance APR Cash advance fee Chapter 11 bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Charge card Charge-off Closing Costs Closing date Co-signed account Co-signer Collateral Collection account Collection agency Consolidation loan Consumer credit counseling service Consumer debt Consumer statement Convenience check Credit Credit Bureau Credit card Credit card issuer Credit Clinic Credit Counseling Credit file Credit fraud Credit history Credit limit Credit line Credit Repair Agency Credit repair company Credit Report Credit risk Credit Score Credit Union Creditor Creditworthiness
GLOSSARY TERMS by Alpha
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Closing Costs

Closing costs include points, taxes, title insurance, financing costs and items that must be prepaid or escrowed and other settlement costs. These costs generally range from 2 and 7 percent of the mortgage amount.

Previous Term: Charge-off
Next Term: Closing date


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