GLOSSARY

Daily periodic rate Debit card Debt Debt Collector Debt Consolidation Debt-to-income ratio Debtor Default Default APR Deferred payment Delinquency Delinquency assessment Discharge Dispute Double-billing cycle Down payment Due date
GLOSSARY TERMS by Alpha
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Debt Consolidation

A second mortgage or home equity line of credit which may help you lower your total cost of credit. These loans may provide certain tax advantages not available with other kinds of credit, but may also require your home as collateral.

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