Across
- 1. the amount of credit a person is using compared to their credit limit
- 4. an extra fee paid for seven years after a moving violation or accident
- 6. a number assigned to a person that indicates to others how likely a person will repay the loan
- 9. a company that provides insurance and writes car insurance policies
- 11. a contract between you and your insurance company that financially protects you if you are in an accident
- 12. guarantee to repair car in a given time period
- 15. payment money paid towards a purchase before financing
- 17. the amount of money a driver will pay to repair their car after an accident
- 21. a person who mathematically calculates the risk of insuring a person
- 23. number of years a nonpayment or late payment is on credit report
- 25. a type of insurance to financially protect you whether the accident is your fault or not
- 30. a request for payment from the insurance company
- 31. The cost of registering your vehicle in a state
- 33. a fixed amount of money to be repaid on a set schedule, e.g., car loan or mortgage
- 35. The higher the credit score, the _________the interest rate
- 36. vehicle identification number
- 37. miles per gallon
- 39. secured and unsecured credit report
- 41. the portion of repair costs the insurance holder is required to pay after an accident
- 42. the percent of a budget earmarked for transportation
- 43. the usual number or percent down
- 44. change the most common planned maintenance for a vehicle
- 45. checking out a car before purchase
- 47. the money paid to the government for the cost of doing business
- 48. Credit bureau
Down
- 2. the process of finding the best vehicle
- 3. a policy that will pay most of the damages of an accident
- 5. Credit bureau
- 7. a request by a bank or other institution to view a credit report
- 8. a statement of a person’s credit activity, accounts and credit score
- 10. Annual Percentage Rate Interest rate on an annual basis
- 13. taking out a loan to purchase a car
- 14. the last day od a person’s billing cycle and the day the statement is sent to the person
- 16. the amount a car loses value over time
- 18. the score used by lenders to evaluate if a person is a credit risk
- 19. when the cost to repair a car exceeds the fair market value of a car
- 20. a type of insurance that financially protects you if your car is damaged by a storm, fire, hitting an animal or other "acts of God"
- 22. required insurance by the owner of the loan of the car
- 24. purpose of insurance
- 26. the maximum amount an insurance company will pay after an accident.
- 27. The more expensive the car, the more ____________ the insurance
- 28. the duration of a loan
- 29. the amount of money paid over a year to have an insurance policy
- 32. rent a car for period of time, usually over a year
- 34. type of insurance that protects you financially if you hurt person in an accident
- 38. the maximum amount of money a person can borrow
- 40. Credit bureau
- 46. the legal document proving who owns the car