Terms that begin with C
- Capacity
- Capital
- Cash advance
- Chapter 11 bankruptcy
- Chapter 12 Bankruptcy
- Chapter 13 bankruptcy
- Chapter 7 bankruptcy
- Character
- Charge card
- Charge-off
- Closed account
- Closing
- Closing costs
- Co-signer
- Collateral
- Collection agency
- Consolidation loan
- Consumer
- Consumer credit counseling service
- Consumer debt
- Consumer statement
- Consumer statement
- Consumer version of credit report
- Credit
- Credit balance
- Credit bureau
- Credit card
- Credit card issuer
- Credit check
- Credit Clinic
- Credit file
- Credit fraud
- Credit history
- Credit limit
- Credit line
- Credit Repair Agency
- Credit report
- Credit Reporting Agency
- Credit risk
- Credit score
- Creditor
- Creditworthiness
GLOSSARY TERMS
Chapter 7 bankruptcy
The most common of the two types of consumer bankruptcy. In a Chapter 7 bankruptcy, unprotected assets are sold and disbursed to pay creditors, and a debtor is released from all liability for accounts. This type of banckruptcy remains on a personal credit report for 10 years.
Previous Credit Report Term: Chapter 13 bankruptcy
Next Credit Report Term: Character
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