Module Resources
The purpose of this glossary is to organize resources throughout all modules.
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Entries starting with: C |
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CREDITGenerally 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 REPORTA credit report is a record of the person’s credit history from a number of sources. |
CREDIT SCOREA 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 UNIONSNot-for-profit cooperative financial institutions owned and controlled by their members. |
CREDIT.COMCREDIT.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 |
CREDITWORTHINESSA lender's willingness to trust a borrower to repay a debt. |