credit

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Across
  1. 4. This is the party who extends the loan.
  2. 7. It is a form of security for the lender.
  3. 8. It means the possibility that the debtor may not fulfill his obligation.
  4. 9. It refers to how much you owe compared to how much you earn.
  5. 10. This is the creditor’s right to reposses the item under contract in case that the debtor fails to fulfill his obligation.
  6. 11. This type of credit is a combination of charge and installment accounts.
Down
  1. 1. This is the party requesting for a loan.
  2. 2. These are money lenders who charges interest, especially at an exorbitant rate.
  3. 3. It means involving or made by two separate parties.
  4. 5. It refers to how much you own minus how much you owe.
  5. 6. It refers to a responsible attitude toward paying bills and meeting obligations on time.
  6. 7. It is the intended purpose of the loan also include the national, industry level, and local economic situation.