credit vocabulary crossword

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Across
  1. 2. max amount you can borrow on a revolving account
  2. 5. assets you pledge to secure a loan
  3. 7. failure to repay a debt according to agreed terms
  4. 8. declaration made by a creditor that an account is unlikely to be collected
  5. 10. record on your report showing when a lender checked your credit
  6. 11. the money you personally have invested
  7. 14. lowest amount you must pay on a credit card bill to avoid penalties
  8. 16. state of being late on a payment
  9. 17. original amount of money borrowed
  10. 19. time between the end of billing cycle and due date to pay your balance without interest
  11. 20. your ability to repay based on income/debt
  12. 21. the total amount of credit you are using divided by total credit limits
Down
  1. 1. financial institution that lends money
  2. 3. loans for an amount repaid with equal payments over a set period
  3. 4. your credit history and reputation
  4. 6. measure of your ability to repay debts
  5. 9. amount of money owned on a credit account
  6. 12. record of your credit history
  7. 13. yearly cost of borrowing money
  8. 15. credit that allows you to carry balance from month to month
  9. 18. measures likelihood to pay debt