Credit crossword
Across
- 2. A sum of money lent or invested, on which interest is paid
- 4. rate that adjusts over time
- 6. to borrow money from someone else with the agreement to pay it back later
- 8. a Lender
- 10. A person who borrows money
- 11. money given in exchange for repayment of the loan principal amount plus interest
- 13. avoid finance charges if you pay your bill before its due date.
- 14. a fee you pay if you're late on your payment
- 15. most possible amount of money you can spend on credit card
- 16. It calculates what percentage of the principal you'll pay each year
- 18. least amount of money you can pay on your debt without getting in trouble
Down
- 1. rate that stays the same
- 3. record that shows you pay debt
- 5. loan that is secured
- 7. Percentage rate a bank or other lender charges to borrow it’s money
- 9. someone who agrees to pay back your debt if you don't
- 12. Three digit number, typically between 300 and 850
- 15. security for loan
- 17. loan without collateral
- 19. amount of time you have to pay back