Consumer Credit terms starting with T

6 terms

1. Telemarketing Fraud Unsolicited telephone call from a criminal who tries to trick the consumer into disclosing personal information (bank account number, credit card number…
2. Third Party Fees a fee that you pay up front for a mortgage broker to pay to another party, such as to obtain a credit report, order an appraisal, or to do a title search.
3. Title A title is a legal document proving ownership of a piece of property. If you are buying real estate you authorize a title search, or examination of…
4. Title Insurance Title insurance protects your lender's interest in your home and real property in case its ownership is contested in court.
5. Title Search A title search is an examination of property records by a title company or attorney to ensure that the person from whom you are buying a piece of property…
6. Treasury bill rate The rate paid by the government on its short-term borrowing. See index.