Jayda's Crossword Pussle

4. Percentage Rate / Interest rate you pay is given per year.
5. line / The maximum amount you can own at any time.
7. Power / Your ability to earn money now and in the future.
8. insurance / Creditor often requires a borrower to have life insurance that will cover the loan in the event the borrower dies before the loan is paid.
11. Score / That summarizes the probability that a debtor will pay a debt.
13. credit / Difference between the maximum amount you can owe and the actual amount you owe.
16. Loan / A loan issued by a bank a creditor union, a school or even a state agency.
17. In Lending Act / Law that offers protection if a credit card is lost or stolen. If consumers contacts credit card company after losing card max liability is $50.

1. Opportunity Act / A creditor to treat you fairly.
2. payment / Customer pays part of the selling price at the time of the purchase.
3. date / The date the bill was written.
4. Number / Each credit card account has a unique number.
6. penalty / This agreement requires borrowers to pay a fee if they wish to pay back an entire loan before the due date.
9. / Each applicant must supply personal and financial data that will assist in the loan decision making process.
10. / Person who agrees to pay back the loan if the borrower is unable to do so.
12. Debt Collection Practices Act / Law that prohibits the creditors from harassing or using unfair means to collect the amount owed.
14. / Everything you own, your home, car, bank accounts and ect.
15. School / Specialized institutions that provide students with the necessary skills to be successful at a particular job.