Credit

123456789101112131415161718
Across
  1. 1. offered to post-secondary student to help cover the cost of college or higher education
  2. 4. issue of money, goods or services to an individual or entity with the expectation of future payments
  3. 8. provides a line of credit from a lending institution which is accessed with a card
  4. 10. draws money directly from the consumer's checking account when a purchase is made
  5. 11. amount of money charged to borrow money
  6. 12. document outlining an individual's financial position
  7. 13. right to keep someone's property until loan is repayed
  8. 14. trusted institutions where money is kept secure
  9. 15. helps organize money to set financial goals
  10. 17. credit reporting agency
  11. 18. a number given to an individual which indicates to the lender their ability to repay a loan
Down
  1. 2. loan which is issued for borrower's reliability rather than value of an asset
  2. 3. short-term, expensive loan due on the next payday
  3. 5. borrowing money from friends or family
  4. 6. credit reporting agency
  5. 7. credit reporting agency
  6. 8. valuable asset used for securement of a loan
  7. 9. money which is agreed to be paid back and only goes towards the money loaned for purchase
  8. 16. shows how an individual has used credit in the past, how much debt they have, how they pay bills