Credit

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Across
  1. 3. a credit account that lets you repeatedly borrow money up to a set limit and pay it back over time.
  2. 4. someone who lends money through a credit card
  3. 8. debt that is paid back properly like a car or a house
  4. 9. the amount charged to a borrower
  5. 11. who pledges to pay back the loan if you do not
  6. 13. a contract agreement in which a borrower receives a sum of money or something of value and repays the lender at a later date, generally with interest.
  7. 14. The money that gets added and builds up to your bill
  8. 16. A rate that doesnt change
Down
  1. 1. loans that are not backed by collateral
  2. 2. someone who takes money from a lender
  3. 5. an establishment that completes and facilitates monetary transactions
  4. 6. depends on your credit score but it is how much extra money you pay a lender
  5. 7. personal or commercial loans that borrowers must repay with regularly scheduled payments or installments.
  6. 10. an agreement between you and a lender that gives the lender the right to take your property if you fail to repay
  7. 12. The original money you agreed to payback
  8. 15. The time period of investment