Business Credit

1. All of an individual’s assets and liabilities are evaluated to determine net worth.
4. Lenders review finances to determine if the individual receives a regular paycheck and to confirm length of employment.
7. is the annual cost of credit charged by a lender.
8. is credit granted to individual consumers by a retail business.
10. is a record of credit history and financial behavior for a business or individual.
11. credit card is one that can only be used in the stores of the company that issued it
12. is a business granting a line of credit to another business for a short period of time to purchase its goods and services.
13. is credit granted to a business by a financial institution or another company.

2. is a list of the individuals or businesses that owe money to a company.
3. Mr. Cherry's Favorite movie as a child
4. Current debt, payment history, and credit scores are considered when evaluating the financial character of an individual.
5. is the amount of money borrowed.
6. is an agreement between two parties in which one party lends money or provides goods or services to another party with the understanding that payment will be made at a later date.
9. is a written set of guidelines used by an organization to determine how many and which customers will be approved for credit.