Personal Finance Vocab
Across
- 2. a person who promises to pay loan if borrower fails
- 3. make sure you are able to pay back a loan
- 7. untouched credit that is left in your account
- 10. makes high risk at giving loans
- 11. are erased in court very easily
- 13. you get a service but have to pay for it later
- 16. a time frame where you pay back a loan with no interest rate
- 17. written statement of your credit history
- 18. making sure you get best deal
- 24. a person who collects money that is overdue
- 26. value of property you own
- 27. allows part of your paycheck to be held back to payback the loan
- 28. is when you have to pay back a loan
- 29. minimum amount of interest you have to payback
Down
- 1. something that makes sure you pay back the loan
- 4. cost of credit exposed at a yearly percentage
- 5. buying without thinking
- 6. a person who borrows money
- 8. amount that can get borrowed without collateral
- 9. helps you manage your credit better
- 12. a person who lends the money
- 14. helps tell you how to spend credit wisely
- 15. helps figure out how you will pay back a loan
- 19. a loan at a high interest rate
- 20. get back some of what you spend in credits over the years
- 21. amount that is borrowed
- 22. record of your loans
- 23. buy something and pay some of it with cash upfront
- 25. process of rebuilding credit
- 30. what you pay back in a loan