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Old 08-02-2011, 05:10 PM   #145
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<strong>Private loan</strong> – A non federal student loan, also referred to as “alternative loan.” Private loans are offered to students and/or parents by many, many lenders, secondary markets, and other private entities.
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<strong>HEA</strong> – the Higher Education Act of 1965, as amended, which created the federal student aid programs.

credit (G2)<br />1 A loan, or an agreement to lend money, to be repaid at a later date.<br /> 2 Bank lending (in macroeconomics) as credit is chiefly analysed within the context of the money supply.<br /> 3 All the sources of finance available to firms (including TRADE CREDIT) and to households. & In the past two decades there has been a great increase in the amount of credit given to households on the basis either of collateral (a house in the case of a building society mortgage) or of CREDIT sCORING for hire purchase expenditure on coNSUMER DURABLES. The creation of new credit instruments, e.g. the credit card, has resulted in an expansion in the total volume of credit.<br /> <br /><em>Reference</em><br />house repairs in their capital programme).<br /> <br /><em>Reference</em><br />Griffiths, L (1986) Creative Accounting: Beckman, TN.<br /> Credits and and Theory, McGraw-HilL and Foster, R.S. (1969)<br />Collections: Management 8th edn, New York: How to Make Your Profits What You Want Them to Be, London: Sedgeworth&Jackson.

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