Personal Finance Learning aim A
Across
- 6. A type of unsecured borrowing for a fixed amount, repaid over a set period of time (8, 4)
- 10. An insurance policy that pays out a sum of money on the death of the insured person (4, 9)
- 11. Money that is owed or due to be paid (4)
- 12. The state of being able to pay one's debts (7)
- 13. Money received, especially on a regular basis, from work or investments (6)
- 17. A transaction method using a card or phone that doesn't require a PIN or signature (11, 7)
- 19. A plastic card that allows the holder to purchase goods and services on credit (6, 4)
- 20. An instruction to a bank to pay a fixed amount of money to an individual or organisation on a regular basis (8, 5)
- 22. A loan used to buy a house or flat (8)
- 24. A type of motor insurance that covers damage to your own car as well as damage to other vehicles (5, 13)
Down
- 1. A short-term loan, often with very high interest, intended to be repaid when the borrower gets their next salary (6, 4)
- 2. A numerical rating that assesses a person's creditworthiness (6, 5)
- 3. A system where a buyer pays for something in regular instalments while renting it, with the option to buy it at the end (4, 8)
- 4. A bank account that offers extra benefits for a monthly fee (8, 7)
- 5. An amount of money not spent (7)
- 7. Managing your finances using an app on a smartphone (6, 8)
- 8. A type of bank account with no overdraft or fees, designed for those with a poor credit history (5, 7)
- 9. A deficit in a bank account caused by withdrawing more money than is in the account (9)
- 11. An instruction to a bank to pay a variable amount of money to an organisation on a specified date (6, 5)
- 14. Physical money in the form of notes and coins (4)
- 15. The cost of borrowing money or the reward for saving it (12)
- 16. The initial amount of a claim that a policyholder must pay themselves (6)
- 18. A UK government savings product that offers a chance to win tax-free prizes instead of earning interest (7, 5)
- 21. The general increase in prices and the fall in the purchasing value of money (9)
- 23. The regular payment made by a policyholder for an insurance policy (7)