Chapter Four, Lesson Two Crossword Puzzle

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Across
  1. 3. A car loan
  2. 8. an asset that loses value over time, such as a car that’s worth less every year​​​​​​​
  3. 11. Money borrowed from the federal government or private lenders to pay the cost of going to college.
  4. 13. The increase in value of a home over time; the difference between the amount owed and what the home could be sold for​​​​​​​
  5. 15. Allows you to borrow money up to a given limit
Down
  1. 1. an asset that increases in value over time
  2. 2. Asset, like property, cash or investments
  3. 4. A_________ is a loan that typically lasts for 15–30 years and is used to buy a house.
  4. 5. A lender who uses deceptive, unfair, or fraudulent practices on borrowers who are desperate for cash
  5. 6. The right of ownership to property
  6. 7. ____ may seem inevitable— but it’s not.
  7. 9. A revolving, variable-rate loan secured by your home's equity, allowing you to borrow, repay, and re-borrow up to a set limit
  8. 10. A Ramsey Solutions study showed that 80% of Americans have a _____.
  9. 12. Failure to pay a loan on time
  10. 14. A loan for a fixed amount of money that‘s paid back in monthly installments