Credit unit vocab

1234567891011121314151617181920212223242526
Across
  1. 2. Allow people freedom from their debts
  2. 4. When a lender tries to reclaim a balance from a borrower who stopped making payments
  3. 6. The number of recently opened credit account
  4. 9. The rate charged for borrowing money
  5. 11. The most commonly used credit score
  6. 15. A measure of your outstanding debt divided by your available credit
  7. 17. Money set aside for long term unanticipated expenses or loss of income
  8. 18. Taking back property after the borrower stopped making payments
  9. 21. Long term failure to repay a loan
  10. 23. Federal law that protects the privacy of the consumer
  11. 24. A history of payments you have made
  12. 25. Someone borrows something and pays it back
  13. 26. An inquiry to your credit history
Down
  1. 1. A certified financial advisor
  2. 3. An attempt to collect past due debt
  3. 5. An inquiry of your credit history as part of a background check
  4. 7. An agreement to where the debt owed is reduced or waived
  5. 8. A term used to describe people with little to no credit history
  6. 10. A legal claim by the government to retake someones property or income when they stop paying taxes
  7. 12. consumer becomes delinquent from debt
  8. 13. A document of info on a persons
  9. 14. An act that protects people from discrimination
  10. 15. A record of a persons credit
  11. 16. The cost you pay each year to borrow money
  12. 19. A consumer reporting company
  13. 20. A three digit range of numbers based off a persons credit history
  14. 22. A measurement of your assets