Credit and Debt Cross Word
Across
- 4. It is not impossible to go to college
- 6. The increased value of a home over time
- 8. With a home equity loan, the owner cashes out a portion of their equity in a
- 11. A legal claim against an asset until the loan/debt is repaid
- 12. Borrowed from the federal government or private lenders to pay the cost of going to college
- 13. An asset that loses value over time
- 14. Come with higher interest rates and fees and some have penalties if you pay them off early
- 15. What type of credit is when you have to put down a deposit or use something as collateral
- 18. What type of credit is used for most credit card
- 19. Something owed, offered as security on a debt
Down
- 1. Predatory lenders keep people in a terrible cycle of
- 2. Who owns the house until a home mortgage is paid off
- 3. When there’s an agreement or a contract that puts you on a schedule of payments
- 5. A fixed amount of money that will be paid back in monthly installments
- 7. when the lender doesn’t require you to put down a security deposit or collateral
- 9. A lender that uses unfair practices on borrowers who are desperate for cash
- 10. On average a car payment is paid off over how many year
- 11. You do not need what to go to college
- 16. To stay away from debt you need to know how to deal with
- 17. Failure to repay a loan on time