Credit

2. scoring system that is ranged from 300-850
5. Usually expressed as an interest rate
7. The interest charged on the amount you owe
10. A portion of the cash price of an item that has to be paid before financing the rest on credit
11. borrowing money now, and you promise to pay it all back later
12. An existing line of credit,often at a particular business
14. A document you receive with a monthly listing of all transactions processed by the closing data of that month
17. a large lump sum that is given and the borrowers agree to make a monthly payment for a set amount of months until the loan is paid off
18. a piece of plastic used to make purchases just by presenting it

1. a list of every line of credit you have under your name
3. a fee you are charged for borrowing money
4. A business that is hired by lenders to retrieve payments
6. once you make a payment what type of credit do you get back
8. A place you go to that dispenses cash and performs other banking services when you insert your bank card
9. A way of computing finance charges where the average of the charge account balance is averaged at the end of each day in the billing period
13. A set length of time after the due date during which payment may be made without penalty
15. Management of large amounts of money
16. a line of credit,often at a particular business