Across
- 3. credit bureaus track anytime a lender or other company check you out
- 4. as a borrower you pay interest to the lender
- 5. rate allowed to change
- 6. pubic information relevant to financial history, including certain court judgments
- 9. an asset which is used to guarantee the loan will be repaid
- 10. stays the same for the life on the loan
- 12. he rate banks charge their best costumers
- 13. a number that is assessment of person's credit worthiness
Down
- 1. Interest rate on a loan is expressed of an annual percentage of the principal
- 2. a loan is past due
- 6. the amount you are borrowing from lender
- 7. lender reviews borrower's credit history to understand risk of not being repaid
- 8. those that extend credit
- 11. a borrower's ability to pay back a loan given income and debt
- 14. an advance money to a customer, with the understanding that the customer will pay it back