Financial literacy crossword puzzle
Across
- 5. The total amount of unpaid money on a loan excluding any interest charges or the initial amount borrowed on a loan
- 7. A contract that lets you use someone else's property for a specified rate and length of time.
- 9. A number assigned to an individual that quantifies their ability to use and pay back credit
- 10. Contributions to state and federal governments to pay for things like public services and infrastructure.
Down
- 1. The amount you'll need to pay before insurance kicks in and covers the rest of your costs. For renters and auto insurance, the deductible is per claim.
- 2. Paying a loan off in installments, rather than one lump sum.
- 3. A service that provides financial protection against the unpredictable; like car accidents or broken arms
- 4. annual percentage rate
- 6. Anything that you spend money on, whether it's a necessity or a luxury
- 8. The highest amount of credit you can borrow from a particular institution.