Across
- 2. Buying something you need now with a promise to pay later. Credit is also a measure of financial wellness.
- 3. A company hired to recover money that people haven't paid back
- 6. Property or financial resources that can be used as insurance in case the loan is not repaid
- 7. The record of your ability to pay back your debts
- 11. Cards withdraw money already in your account
- 13. The fee you pay for a credit card each year
- 14. A federal agency that protects consumers from deceptive and unfair business practices
- 16. How reliable you are in repaying debts
- 17. user A person allowed to use a credit card account by the primary cardholder
- 18. Restrict access to your credit report
Down
- 1. A detailed history of how you have borrowed money in the past, including how you handled paying back loans and credit cards
- 4. A number determined by your credit history. It helps lenders determine how creditworthy you are
- 5. Your current financial situation and whether you have the resources to pay back a new loan
- 6. When someone uses a minor's personal information, such as name, address, or Social Security number to get credit
- 8. Companies that maintain your credit history - Equifax, Experian, and Trans-Union
- 9. A number that shows how much of your overall credit you're using (called utilization)
- 10. The maximum amount you can spend on a credit card before you have to start paying it back
- 12. A card that lets you make monthly payments to repay money that you spend
- 15. How deserving you are of getting credit, according to companies that lend money
- 17. Percentage Rate (APR)The interest rate you pay on balances you carry over from month to month on a credit card