Types of credit
Across
- 2. People use these loans to get alomost anything apart from a house
- 4. Loans that require that you offer an item of value that the lender can take if you can't pay back your loan
- 6. You would get this type of loan if you were taking home a product and use it while you are still paying it off
- 9. Interest rates that do change
- 10. You usually need a 20% _____ to get a mortagage from a bank
- 11. The main issuer of credit cards
Down
- 1. You would get this type of loan to buy a house
- 3. Interest rates that do not change over a specific time period
- 5. Loans that allow you to borrow the money without listing items the lender can take
- 7. A card that allows you to buy a good or service now and pay for it at a later date
- 8. If you do not make your repayments the credit provider can do this