GLOSSARY
| Rate floor Rate Index Rebate Card Redemption Reorganization plan Repayment Plan Repossession Revolver Revolving account Revolving charge account Right of Rescission Risk pricing |
GLOSSARY TERMS by Alpha # | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z RedemptionDebtors may keep exempt secured property even though they owe money on it by paying the creditor the collateral value of the property rather than the amount of the debt. Note that in some cases the "value" of the collateral may be less than the amount owed on it. In these cases it may be advantageous for the debtor to redeem the property.
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