Justin Ulrich - Vocabulary words
Across
- 6. Take a loan and pay it off, and use it over and over again
- 8. Time period when no finance charges will be added to your account
- 9. Document showing ownership of an asset like a car
- 12. Supervises debt repayment plans
- 13. Someone who agrees to be responsible for loan payments if someone else fails to make payment
- 14. Lenders check it during approval process
Down
- 1. Smallest amount you can pay an remain in good standing
- 2. Measures a person's ability & willingness to make payments on time
- 3. Cost of credit card such as interest you pay
- 4. Take a loan and pay it off, and loan closes
- 5. Required to keep accurate credit reports, correct any errors
- 7. Your payment history, amount owed, new credit, length of credit history, and credit mix
- 10. Allows you to borrow money
- 11. Credit holder that pays off their bal. each month