Loan Terms

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Across
  1. 2. person who takes out a loan
  2. 3. Term loan length that doesn’t change
  3. 6. property pledged as security for a loan
  4. 8. Card linked directly to a bank account
  5. 10. replacing an old loan with a new one
  6. 12. length of time to repay a loan
  7. 13. maximum amount that can be borrowed
  8. 15. original amount of money borrowed
  9. 16. chance of losing money
Down
  1. 1. Card allowing borrowed payments
  2. 3. Interest rate that changes with the market
  3. 4. loan to buy property
  4. 5. person or bank that gives money
  5. 7. borrowed money that must be repaid
  6. 9. asset pledged for repayment
  7. 11. Interest rate that stays the same
  8. 14. rate percentage charged on borrowed money