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Credit Vocabulary
Credit and debt related terms that are on used on this site.
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There are 3 entries in the glossary.
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Term Definition
Wage assignmentA signed agreement by a buyer or borrower, permitting a creditor to collect a certain portion of the debtor’s wages from an employer in the event of default.
 
WithdrawnThis means a decision was made not to pursue a bankruptcy, a lien, etc. after court documents have been filed.
 
Writ of ReplevinLegal document issued by a court authorizing repossession of security.
 


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