Business
Across
- 3. amount being loaned to the borrower by the creditor
- 5. to keep possession of property of another until a debt owed by the person is discharged
- 6. Credit
- 8. which is issued and supported by a borrower’s reliability, rather than value of an asset
- 12. of money, goods or services to an individual or entity with the expectation of future payments
- 13. of borrowing money from an individual or investor without a bank’s consent
- 15. Credit
- 16. Loan
- 17. Credit
Down
- 1. high cost loan typically for $500 or less and due on the next payday or when income is received
- 2. of money charged by a bank to borrow money
- 4. a line of credit from a lending institution which can be accessed with a card, has a maximum limit (credit limit) which can be spent and requires monthly repayments
- 7. asset the borrower offers to lender for securement of the loan provided
- 9. Lending
- 10. institutions where money is kept secure
- 11. Card
- 14. a series of fixed or installment payments a borrower must repay over a determined period of time