Across
- 5. A loan not backed by collateral.
- 6. A process where a lender, bank, credit card provider, or other financial institution reviews your credit report to understand how you manage money and debt.
- 7. Someone who agrees to pay another person’s debt or financial obligation if that person fails to do so.
- 8. A person’s or business' debts or financial obligations.
Down
- 1. An asset pledged for the repayment of a loan.
- 2. Money a bank pays depositors for using its money, or the money a person pays when borrowing money.
- 3. The day on which the outstanding principal, interest and fees on a loan must all be repaid.
- 4. The amount you are borrowing on a loan or the original amount of money invested.