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What is the term used to describe the dollar amount of a periodic interest changed by financial institutions on credit accounts?

periodic rate


What is the term used to describe the dollar amount of periodic interest charged by financial institutions on credit accounts?

annual percentage rate


What is the dollar amount limit you can access on a home equity line of credit?

amount depends on your credit score and the amount of equity you have in your home.


The dollar amount that is paid for the credit?

finance charge


Does a financial goal always have to include a specific dollar amount?

yes because when you have an specific amount like a financial


What is The dollar amount you pay to use credit?

Finance Charge


What dollar amount is considered middle class?

$100K


What is the total dollar amount a person pays to use credit?

finance charge


If a percentage of the dollar amount is added to an overdue accounts receivable what is that considered?

When a percentage of the dollar amount is added to an overdue accounts receivable, it is typically considered a late fee or interest charge. This fee compensates the creditor for the delay in payment and encourages timely settlement of the outstanding balance. Such charges are often specified in the terms of the credit agreement or invoice.


What is dollar profit?

Whole dollar profit is the amount of profit that has been rounded off to the nearest dollar. A profit is any type of financial gain that occurs after expenses have been deducted from the amount earned.


What is whole dollar profit?

Whole dollar profit is the amount of profit that has been rounded off to the nearest dollar. A profit is any type of financial gain that occurs after expenses have been deducted from the amount earned.


Is there a dollar amount for collection agency's to report to the credit bureau?

A collection agency can report you to the credit bureau for any amount of money. There are agencies that will report for amounts under a hundred dollars.