Across
- 2. Organizations or people that extend credit to consumers
- 3. People who use credit
- 5. Purchase something but do not pay for it immediately
- 6. Your ability to earn money now and in the future.
- 8. Paying for merchandise or services for a period of time, must be creditworthy and you are paying interest
- 9. Part of the purchase price the customer pays for at time of purchase
- 11. Fail to make payments according to the schedule set up when the loan originated.
- 14. Keeps all records on all users of credit.
Down
- 1. Your credit report card. Changes every time you use your credit.
- 4. Make monthly payments but no interest is charged if you make all your payments on time
- 7. The customer does not receive the merchandise until it is paid for
- 10. The interest charged to a buyer for a service or item bought over time.
- 12. Everything you own-cars, home, bank account, personal items
- 13. Range from 300 to 850, summarize the probability if debtor will pay their debt.