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1. interest rate paid per year on borrowed money 2. credit term that requires entire balance to be paid in full if a payment is missed or late 3. credit based on a promise by the debtors to repay and to give up their property if the loan is not repaid 4. the cost of borrowing money 5. property put up by the debtor as a security for money borrowed a. secured credit b. annual percentage rate c. collateral d. interest e. acceleration clause
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