enFIUsing Credit14
debt: paying with money orders or cash instead of credit cards will keep you from going deeper into____.
spending: one way to save money is to reduce your _____.
credit statement: read your ______ ______ closely to avoid getting overwhelmed by debt.
credit card: pay off, cancel, and then cut up ____ _____ that you have maxed out.
bankruptcy: ______will hurt your credit score and may prevent you from getting a loan or job.
monitor:_____ your spending and your debt carefully.
creditors: to take control of your finances, first contact your _____.
student loan:_____ _____ can help you get an education and improve your earning power
minimum: making only _____ payments can keep you in debt virtually forever.
money order: _____ _____ a financial instrument, purchased at a bank or post office, that orders a specified amount of money to be paid to a specified person or organization.
debt management plan:___ _______ _____ a plan for paying off debt, in which the consumer deposits money each month with the credit counseling service, and the service uses the money to pay the debts.
garnishment: ______ a court order allowing all or part of a person's wages to be paid directly to the person's creditors.
credit counselors:_____ _____ individuals who are trained to give advice on handling money and getting out of debt.
foreclosure: ______ the legal process used by a bank to repossess property.
Using Credit
to take control of your finances, first contact your _____.
paying with money orders or cash instead of credit cards will keep you from going deeper into____.
______ a court order allowing all or part of a person's wages to be paid directly to the person's creditors.
___ _______ _____ a plan for paying off debt, in which the consumer deposits money each month with the credit counseling service, and the service uses the money to pay the debts.
making only _____ payments can keep you in debt virtually forever.
_____ _____ a financial instrument, purchased at a bank or post office, that orders a specified amount of money to be paid to a specified person or organization.
pay off, cancel, and then cut up ____ _____ that you have maxed out.
read your ______ ______ closely to avoid getting overwhelmed by debt.
one way to save money is to reduce your _____.
_____ your spending and your debt carefully.
_____ _____ can help you get an education and improve your earning power
_____ _____ individuals who are trained to give advice on handling money and getting out of debt.
______ the legal process used by a bank to repossess property.
______will hurt your credit score and may prevent you from getting a loan or job.