Credit Report - bad debt - Bankruptcy - Penalty rate
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It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content.
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Legal Dictionary
Credit Report
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TERM
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CATEGORY
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| | bad debt
the debt that can not be collected for different reasons. |
| Credit Report | details | | | Bankruptcy
A legal declaration of financial insolvency |
| Credit Report | details | | | Penalty rate
This is a high rate that is imposed by a credit card issuer if you defaulted on your monthly payment. |
| Credit Report | details |
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