Across
- 1. Credit that automatically renews.
- 3. Failure to repay a loan on time.
- 4. The original amount of a loan: the total amount borrowed before
- 7. Equity When the value of an asset falls below what is owed on it.
- 9. A lender who uses deceptive, unfair, or fraudulent practices on
- 11. The loss of value of an asset over time.
- 12. to creditors.
- 14. A legal claim against an asset until the debt is repaid.
- 15. A statistical number used to represent a consumer's
- 16. A loan for a fixed amount of money that’s paid back in monthly
Down
- 2. Something owned. Offered as a security on debt.
- 5. An asset that increases in value over time.
- 6. An asset that loses value over time.
- 8. The amount of time in months, that you’ll be making payments.
- 10. The difference between the amount owed and what the home could be sold
- 13. A company that collects credit rating information and makes it
- 17. Money owed to another person or company.