Economics Credit and Debt

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Across
  1. 5. term used to explain the increase in the cost of goods over time
  2. 6. student loans in which the government pays interest
  3. 8. a number used to signify how trustworthy your credit is
  4. 10. the largest form of debt you will ever have in your life; house payment
  5. 13. this is NOT used to affect your credit score
  6. 15. students need to fill this out to see if they are eligible for financial aid
  7. 16. you are responsible for the interest on these student loans
  8. 17. things like cars, appliances, or furniture
  9. 18. a good rule is never have more than this % on a credit card balance (hint: it is a number)
  10. 19. the amount something can hold or contain
  11. 21. school ends this month
  12. 22. money owed
  13. 23. how much money you make
Down
  1. 1. using this takes money directly out of your checking account
  2. 2. something that must be given up front to ensure a loan is paid off
  3. 3. the amount borrowed
  4. 4. period of time in which no payment is due on a credit card
  5. 7. colleges may award this for good grades
  6. 9. the amount to pay to borrow money
  7. 11. capital of nj
  8. 12. government student loan that parents may use to help pay for child's college
  9. 14. using a cellphone in class during a test will result in this
  10. 19. buy now and pay later or over time
  11. 20. used to investigate applicants income or debts