Types of Credit Crossword
Across
- 2. Loan repaid in fixed monthly payments
- 6. Person agreeing to repay debt if borrower cannot
- 11. Federal student loan with government-paid interest during school
- 13. Smallest required payment on a credit card bill
- 15. Percentage charged for borrowing money
- 16. Credit card backed by a cash deposit
- 17. Yearly cost of borrowing money
- 21. Federal loans for graduate students or parents
- 24. Paying off debt in equal installments over time
- 27. Short-term high-interest loan until next paycheck
- 28. Temporary low interest rate on a credit account
- 30. Borrowed money that must be repaid with interest
- 31. Actual cost after grants and scholarships
- 32. Card linked directly to a checking account
- 34. Loan used to buy real estate
- 35. Loan borrowed from a retirement account
- 36. Initial payment made when buying something expensive
- 37. Debt not backed by collateral
- 38. Member-owned nonprofit financial institution
- 39. Length of time to repay a loan
- 42. Failure to repay a loan as agreed
- 44. Cost of borrowing money
- 45. Credit card requiring full monthly payment
- 48. Raising money from many people online
- 49. Fee charged for making a late payment
- 50. Maximum amount allowed to borrow on a credit card
- 52. Borrowing and lending without a bank
- 54. Contract to use property for regular payments
- 55. Loan combining multiple debts into one payment
- 56. Loan used for business expenses
- 57. Original amount borrowed before interest
- 58. Person allowed to use another person’s credit card
Down
- 1. Withdrawing cash using a credit card
- 3. Valuable property used to secure a loan
- 4. Federal student loan where borrower pays interest
- 5. Account shared by two or more people
- 7. Table showing credit card rates and fees
- 8. Monthly summary of account activity
- 9. Loan using a home as collateral
- 10. Debt backed by collateral
- 12. Credit card reward returning part of purchases
- 14. Higher interest rate caused by missed payments
- 18. Reloadable card not linked to a bank account
- 19. Bank loan covering overdrafts
- 20. Document explaining credit card terms and conditions
- 22. Moving debt from one credit card to another
- 23. Location where purchases are completed
- 25. Small loans for small business development
- 26. Mortgage with a fixed interest rate
- 29. Yearly fee charged for a credit card
- 33. Card used to borrow money for purchases
- 40. Reusable credit line with varying payments
- 41. Loan with an interest rate that can change
- 43. Loan with an unchanging interest rate
- 46. Time before interest or penalties begin
- 47. Mortgage with an interest rate that can change over time
- 51. Loan repaid through regular scheduled payments
- 53. Value of a home minus remaining mortgage debt