Loans video assignment
Across
- 2. if you cant pay off your loan, this person has to pay it off for you
- 5. the longer term you have it for, the higher your interest will be
- 7. has collateral, lower risk and lower interest
- 8. different for what you need
- 10. the percentage you have to pay back
- 12. the interest rate will change
Down
- 1. no collateral, higher risk, higher interest
- 3. something valuable the lender can take if loan isn't payed back
- 4. the interest rate will not change
- 6. the higher it is, the lower interest rate you'll have
- 9. how much you're borrowing
- 11. how long until the loan needs to be payed back