Finance: Credit Chapters 16 & 17

1234567891011121314
Across
  1. 1. money borrowed to buy something now with an agreement to pay for it later
  2. 4. credit _____: a measure of credit-worthiness based on an analysis of a consumer's financial history
  3. 5. property possessed that is worth more than debts owed
  4. 7. credit _____: the complete record of your borrowing and repayment performance
  5. 8. a person who promises in writing to repay a promissory note (loan) if the maker (debtor) fails to pay
  6. 11. the total dollar amount of all interest and fees you pay for the use of credit
  7. 12. credit _____: a company that gathers, stores, and sells credit information to business subscribers
  8. 14. a responsible attitude toward honoring obligations; often judged by the person's credit history
Down
  1. 2. treating people differently based on prejudice rather than individual merit
  2. 3. the ability to repay a loan with present (current) income
  3. 6. person or business that loans money to others
  4. 9. property pledged to a creditor to assure repayment of a loan
  5. 10. a person who owes money to others
  6. 13. credit _____: a written statement of a consumer's credit history issued by a credit bureau to its business subscribers