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Glossary Pages

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Acceptance Fee

APR

Bad Credit

Balloon Payment

Budget Sheet

Car Insurance

Car Loan

Consumer Credit License (CCL)

Contract Hire

Cost to Change

Credit Agreement

Credit Bureau

Credit Grantor

Credit Report

Credit Score

Depreciation

Equity

Finance Lease

Fixed Rate

Flat Rate

GAP Insurance

Hire Purchase

Lease Purchase

Manufacturers Deals

Minimum Guaranteed Future Value (MGFV)

Negative Equity

Option to Purchase Fee

Part Exchange

Payment Protection Insurance

Personal Contract Hire

Personal Contract Purchase

Personal Lease

Prestige Car

Prime Borrower

Regulated Credit Agreement

Sale Leaseback

Secured Loan

Short Term Contract Hire

Sub Prime Borrower

Sub Prime Lender

Trade Value

Underwriting

Unsecured Loan

Used Car

Variable Rate

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