Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
a. Loans extended to people who pledge their homes as collateral for the loan.
b. A plastic card that allows its holder to borrow money or to pay for purchases of goods and services.
c. A plastic card which identifies the owner when he or she needs to make payments for purchases of goods and services.
d. A law passed by the United States that requires covered lenders to fully disclose the proposed terms of a loan.

Question

Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
 a. Loans extended to people who pledge their homes as collateral for the loan.
b. A plastic card that allows its holder to borrow money or to pay for purchases of goods and services. 
c. A plastic card which identifies the owner when he or she needs to make payments for purchases of goods and services. 
d. A law passed by the United States that requires covered lenders to fully disclose the proposed terms of a loan.

Quizplus · Accepted Answer

The Answer of Using the the description or the definition below, identify each of the key terms and concepts presented in this chapter
 a. Loans extended to people who pledge their homes as collateral for the loan.
b. A plastic card that allows its holder to borrow money or to pay for purchases of goods and services. 
c. A plastic card which identifies the owner when he or she needs to make payments for purchases of goods and services. 
d. A law passed by the United States that requires covered lenders to fully disclose the proposed terms of a loan.

Using the The Description or the Definition Below, Identify Each