Business

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Across
  1. 3. amount being loaned to the borrower by the creditor
  2. 5. to keep possession of property of another until a debt owed by the person is discharged
  3. 6. Credit
  4. 8. which is issued and supported by a borrower’s reliability, rather than value of an asset
  5. 12. of money, goods or services to an individual or entity with the expectation of future payments
  6. 13. of borrowing money from an individual or investor without a bank’s consent
  7. 15. Credit
  8. 16. Loan
  9. 17. Credit
Down
  1. 1. high cost loan typically for $500 or less and due on the next payday or when income is received
  2. 2. of money charged by a bank to borrow money
  3. 4. a line of credit from a lending institution which can be accessed with a card, has a maximum limit (credit limit) which can be spent and requires monthly repayments
  4. 7. asset the borrower offers to lender for securement of the loan provided
  5. 9. Lending
  6. 10. institutions where money is kept secure
  7. 11. Card
  8. 14. a series of fixed or installment payments a borrower must repay over a determined period of time