Types of Credit- Vocabulary
Across
- 2. How long your loan should last
- 4. stays the same over course of loan
- 6. Requires collateral
- 9. The person giving out a loan
- 10. The amount you agree on for a loan
- 12. Automatically renewed after debt is paid
- 14. Doesn't require collateral
- 16. Ability to borrow money and pay it later
Down
- 1. The person asking for a loan
- 3. Can be adjusted during the course of loan
- 5. Percentage lender earns from you
- 7. How much the lender earns from you
- 8. A bank or place to borrow money from
- 11. House loan
- 13. Borrow a set amount of money at one time
- 15. Person who lets you use their credit for things