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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Debtor

Any individual that uses credit cards, holds a personal loan, is paying on a home mortgage, or borrows money from another company or individual with an agreement to repay the credit or loans over some period of time, typiclally with interest.

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