| A | B |
|---|
| Interest | the amount you pay to use someone else's money |
| Credit | means someone is willing to loan you money |
| Annual Percentage Rate | the amount it costs you a year to use credit |
| Annual Fee | Most often used by credit card companies, it is a yearly charge for the privlege of using credit |
| Finance Charge | This is the actual dollar cost of using credit, which is calculated by a lender |
| Orgination Fee | usally associated with home loans, is a charge for setting up the loan |
| loan term | how long the loan lasts |
| a credit benefit | access to cash in an emergency |
| a credit benefit | the ability to use it now |
| a credit benefit | safety and convenience |
| a credit benefit | earn bonus points or miles |
