Chapter 24- Credit
Across
- 2. is an easy way to compare rates of credit card companies.
- 3. are the ones who are borrowing the money most.
- 5. is credit extended in exchange for a promise to repay in the future.
- 8. is credit extended in exchange for a promise to repay in the future.
- 9. the money somebody must pay to receive secured credit.
- 10. the additional money that is paid do to interest .
- 12. means buying goods and services or borrowing money now in exchange for a promise to pay in the future.
- 14. when creditors get possession of a debtor's money or property
- 15. charging interest above the legal amount
Down
- 1. a card that is based on purchasing things using the bank's money
- 4. an easy way to compare rates of credit card companies
- 6. percentage of money that creditor requires to be pay back on top of the original loan
- 7. setting loans with an extremely high interest rate
- 11. are the ones who lend the money.
- 13. a card that is based on purchasing thing using money that is taken from the card holders own account