credt

2. measure of reliability
4. a person who owes money
5. a loan for a specific amount that must be repaid, in full, including all finance charges, by a stated due date
6. detailed financial report of your account of the past year
7. An amount of money given to the borrower for a set period of time. After the set time has passed, the money must be paid back plus the lending fee, called interest. Payments are normally made over a series of months.
11. interest rate changes with the market
12. the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
13. a loan backed by collateral
14. a preapproved loan that a bank lends to a borrower
15. something pledged as security for repayment of a loan, to be forfeited in the event of a default.
16. The percentage at which the money loaned is returned with added percentage multiplied by original cost
17. amount of money borrowed
18. the complete record of your borrowing and repayment performance
20. a loan that doesn't require collateral

1. keeps a record of a consumers credit transactions and compiles credit reports
3. interest does not change over time
8. Someone who legally agrees to take responsibility for a person's debt if they cannot repay it
9. a number assigned to a person that indicates to lenders their capacity to repay a loan.
10. people who lend money
19. The amount of time you have to repay your principal