Chapter 4 Matching Flashcards

1
Q

A different way of looking at something

A

Paradigm

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2
Q

Charges up to 400% and up for their services

A

Cash advance

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3
Q

Money loaned

A

Credit

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4
Q

Using your home as collateral to borrow money

A

Home equity loan

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5
Q

Taking responsibility for someone else’s loan

A

Co-signing

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6
Q

Combining debt into one payment

A

Debt consolidation

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7
Q

Long term rental agreement

A

Leasing

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