Credit Unit Crossword (Q4)

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Across
  1. 1. The original amount of money borrowed or still owed on a loan.
  2. 5. The smallest amount required to be paid on a credit card bill each month.
  3. 8. Total earnings before any deductions.
  4. 13. A policy providing financial protection against loss or damage.
  5. 14. Required payments to local, state, or federal government.
  6. 16. Money paid regularly to live in or use someone else’s property.
  7. 18. Automatic transfer of a paycheck into a bank account.
  8. 20. A paper or electronic payment received for work completed.
  9. 22. A plan for how to spend and save money over a set time
  10. 23. A long-term loan (15 or 30 years) to buy real estate, typically a home.
  11. 24. The U.S. government agency responsible for collecting taxes (Internal Revenue Service).
Down
  1. 2. Earnings after all taxes and deductions are taken out (take-home pay).
  2. 3. a detailed record of an individual's credit history, including their debt management and payment history. It's a snapshot of your financial reliability.
  3. 4. The cost of borrowing money, usually expressed as a percentage.
  4. 6. Period The span of time over which work is paid (e.g., weekly, biweekly).
  5. 7. A number representing a person’s credit risk or standing ("poor", "fair", "good", "very good", "excellent")
  6. 9. Money borrowed that must be repaid, usually with interest.
  7. 10. Debts or financial obligations.
  8. 11. A summary attached to a paycheck showing earnings, taxes, and deductions.
  9. 12. A card, from secured banker, that allows borrowing up to a certain dollar limit to make purchases or payments.
  10. 15. Money taken out of gross pay for taxes, insurance, and other expenses.
  11. 17. A person’s assets minus liabilities.
  12. 19. Someone who agrees to repay a loan if the primary borrower does not. (usually someone with good credit or a guardian)
  13. 21. Things of value a person owns, such as cash, property, or investments.