assumption of risk rule

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Date of Status All property-related damage losses covered by the policy. This includes the following: property damage (PD), comprehensive damage (COMP), collision damage (COLL), Fire/Theft Combined Additional Coverage (FTCA), rental reimbursement (RR), or uninsured motorist property damage (UMPD).
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Chapter 11 Bankruptcy Active Participant - Person whose absence from a planned event would trigger a benefit if the event needs to be canceled or postponed.
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A system by which credit reports are reduced to a single figure immediately showing the credit worthiness of an individual. Scores range from approximately 350 (a very poor credit score) through to 800 (an extremely good score). The average score is approximately 640. Liability: Liability means the obligation or responsibility to pay money to another party. As a credit term, it means the legal obligation to settle a debt by repaying the creditor. The amount for which a person is obliged to pay is known as 'liability amount'.
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The business or organization that supplied certain information that appears on the credit report. Verification of a vehicle's physical condition.
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Co-maker: A person who signs the loan document along with the borrower and assumes responsibility to repay the debt, if the borrower defaults is known as 'co-maker'. In a situation where the qualification of the person who applies for a loan or credit is marginal or has not been established properly, the creditor may ask for a co-maker, i.e. a person with creditworthiness, to grant the loan. A co-maker is also known as 'guarantor' or 'co-signer' and the act of signing the loan document along with the borrower is known as co-sign. Ceiling Rate: The maximum interest rate that can be charged by a lender, which gets automatically imposed in case of delinquent payment.