'Total finance charge' diaporamas de présentation

Lesson 7:

Lesson 7:. The Financing Process. Loan Costs. Primary consideration for most buyers in choosing lender is how much loan will cost. Loan Costs. Primary consideration for most buyers in choosing lender is how much loan will cost. In addition to interest rate, cost of loan may include:

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BANK LOANS

BANK LOANS. 6. 6.1 Consumer Loans 6.2 Granting and Analyzing Credit 6.3 Cost of Credit 6.4 Credit and the Law. Lesson 6.1 CONSUMER LOANS. GOALS. Define major terms associated with consumer lending Explain the difference between installment loans and open-end loans.

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BANK LOANS

BANK LOANS. 6. 6.1 Consumer Loans 6.2 Granting and Analyzing Credit 6.3 Cost of Credit 6.4 Credit and the Law. Lesson 6.1 CONSUMER LOANS. GOALS. Define major terms associated with consumer lending Explain the difference between installment loans and open-end loans.

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Chapter

27. Chapter. Your Credit and the Law. Protecting Your Credit Rights. To protect consumers the federal and state governments regulate the credit industry. A law restricting the amount of interest that can be charged for credit is called a usury law . Enforcing the Laws.

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Buying a Car

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Annual Percentage Rate

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Protection of Credit Rights

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