Across
- 5. An asset pledged as security for a loan.
- 6. A numerical value representing a person's creditworthiness.
- 9. A loan used to purchase property, often a house.
- 10. Failure to repay a loan as agreed.
- 13. An institution that provides financial services, including loans.
- 14. Money owed to someone else.
- 15. To take money with the promise to return it later.
Down
- 1. Money paid to reduce debt or fulfill an obligation.
- 2. A common credit score model used by lenders.
- 3. The management of large amounts of money.
- 4. The cost of borrowing money, usually expressed as a percentage.
- 7. A way to obtain goods or services before payment, based on trust.
- 8. Money borrowed that must be repaid with interest.
- 11. Annual Percentage Rate, the yearly cost of borrowing money.
- 12. An entity that provides loans or credit to borrowers.