Module Resources


The purpose of this glossary is to organize resources throughout all modules.

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Entries starting with: C

COMPREHENSIVE COVERAGE

Provides coverage for the insured’s vehicle in the event of non-collision damages such as theft or a chipped windshield.

CONSUMER.FTC.GOV


CONSUMER.FTC.GOV website

The Federal Trade Commission enforces the credit laws that protect your right to get, use, and maintain credit.

CONSUMERFINANCE.GOV


CONSUMERFINANCE.GOV website

The Consumer Financial Protection Bureau is an agency of the U.S. government responsible for consumer protection in the financial sector.

CREDIT

Generally defined as a contract agreement requiring a borrower who has received a sum of money to repay a lender later, typically with interest. Credit can also refer to an individual's creditworthiness or credit history, which is used to determine the likelihood that the individual will repay a debt.

CREDIT REPORT


A credit report is a record of the person’s credit history from a number of sources.

CREDIT SCORE


A credit score is a numerical expression based on a level of analysis of a person’s files, to represent the creditworthiness of an individual.

CREDIT UNIONS

Not-for-profit cooperative financial institutions owned and controlled by their members.

CREDIT.COM


CREDIT.COM website

Get a free credit score and advice from credit experts. Learn how to better manage your credit and which credit products are best for you.

CREDITKARMA.COM


CREDITKARMA.COM website

Credit Karma will provide credit scores and monitoring for free.

CREDITWORTHINESS

A lender's willingness to trust a borrower to repay a debt.


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