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New loan application - PowerPoint PPT Presentation

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Solid Finances Sponsors. MSU Extension MSU Human Resources This program is made possible by a grant from the FINRA Investor Education Foundation through a partnership with United Way Worldwide. Mortgages: Refinancing & Reverse Joel Schumacher. Question A: My Age is . Under 35 36-49

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5.4 Credit and Consequences

5.4 Credit and Consequences . Credit. Credit is the promise to repay borrowed money (principle) with interest over a certain period of time. Credit cards, mortgages, car loans, student loans, etc. would be examples of credit. Credit is given by a lender to a borrower, also known as a debtor.

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New loan application - PowerPoint PPT Presentation

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5.4 Credit and Consequences