Basic Lending
Across
- 3. Person responsible for loan but doesn't benefit
- 6. A loan secured by an asset
- 7. Interest rate that can change
- 8. A fixed loan such as an Auto/Home
- 9. Person that shares benefit/responsibility for loan
- 10. A loan that renews credit as it is paid
- 11. Where do we find information about our loans. (3 words)
- 12. An interest rate that won't change
Down
- 1. Time after the loan is due but before a penalty (2 words)
- 2. Monthly pay before taxes/deductions (3 words)
- 4. Loan with no collateral
- 5. Monthly debt compared to monthly income (3 words)