Credit crossword puzzle

1. Sum of money lent or invested on which interest is paid.
3. One time loan usually paid off in equal payments.
5. Amount of time to pay back a loan.
7. Person who borrows money from others, and the money borrowed is called debt, which must be repaid.
11. A person - such as a parent, close family member or friend - who pledges to pay back the loan if you do not.
12. A small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
13. A record of your ability to pay back your debts, whether it be credit card bills, student loans, or a mortgage.
15. Something, typically money that is owed or due.
16. Money given to another party in exchange for repayment of the loan principal amount plus interest.
17. Helps people who can no longer pay their debts get a fresh start by liquidating assets to pay their debts or by creating a repayment plan.
19. Interest rate that stays the same for the life of the loan.
20. Interest rate that changes over time.

2. Percentage rate a bank or other lender charges to borrow its money.
4. Ability to borrow money and agreement to pay it back.
6. A three-digit number, typically between 300 and 850, designed to represent your credit risk.
8. Loan that doesn't require collateral.
9. Loans that are secured by a specific form of collateral, including assets such as property or vehicles.
10. Also known as lenders, a person or company to whom money is owed.
14. Credit that allows the user to borrow money here and there, up to a certain limit and pay off portions or minimums as you go or all of it.
18. Asset accepted as security for a loan.