Credit

3. the time between the end of your billing cycle and the payment due date.
5. an estimate of income and expenditure for a specific period of time.
7. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit.
9. also known as lenders, a person or company to whom money is owed.
11. The amount that credit card companies charge for the use of a credit card.
13. ability to borrow money and agreement to pay it back.
14. a record of your ability to pay back your debts
17. loans that are secured by a specific form of collateral, including assets such as property and vehicles.
19. rate that stays the same for the life of a loan.
20. amount of time to pay back a loan.

1. interest rate that stays the same for the life of a loan.
2. money given to another party in exchange for repayment of the loan principal amount plus interest.
4. sum of money lent or invested on which interest is paid.
6. a person- such as a parent, close family member or friend - who pledges to pay back the loan if you do not.
7. limit on the amount of money you can borrow for a variety of goods and services.
8. percentage rate a bank or other lender charges to borrow its money.
10. a person who borrows money from others, and the money borrowed is called debt, which must be repaid.
12. the state of being completely lacking in a particular quality or value.
15. loan that does not require collateral
16. asset accepted as security for a loan.
18. a three digit number, typically between 300-850, designed to represent your credit risk.