Crossword Puzzle: Credit
Across
- 4. a type of interest rate that changes each month based on factors, like the broader economy
- 7. the maximum amount you are allowed to spend on your credit card
- 9. a number that represents a person's creditworthiness
- 11. to place money into an account
- 12. a person, bank, or company that lends you money to borrow
- 13. a specific fee for late payments
- 15. a time period that gives you more time to pay back your loan before getting charged a late fee
- 16. the amount of time you have to pay back your loan
- 17. a large chunk of money you have to pay upfront sometimes to receive your loan
- 18. an item that can be taken away from you if you don't make monthly payments
- 20. a note that you sign promising that you will pay back your loans
Down
- 1. current amount of money in an account
- 2. a type of borrowing money where you front the cash, and the lender keeps it if you don't pay back what you borrowed
- 3. a bill of exchange when you don't have enough cash
- 5. taking money out of an account
- 6. what is added to the amount you borrow, unless you pay what you borrowed on time and in full
- 8. a loan for buying a house
- 9. a form of borrowing money where you pay back both the principal and interest
- 10. money you borrow and agree to pay back
- 14. to give back money for a loan, including interest
- 18. money that is a physical form of currency
- 19. a specific reward you can receive for using your credit card