ECONOMICS

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Across
  1. 2. A machine the that allows you to perform banking functions like deposits and withdrawing money
  2. 5. To take money out of the account
  3. 8. Prepaid card issued by government to pay for certain benefits
  4. 10. A second person that is legally bound to the agreement to the same degree as the original signer
  5. 11. Scheduled payments that a borrower makes to a lender to repay the principle of and interest on a loan
  6. 12. union A not-for-profit organization similar to a bank.
  7. 13. A "Deposit product" offered by a bank that must be kept in the C.D. for a certain amount of time
  8. 14. A term associated with taking money out of an account
  9. 15. A physical bank location
  10. 16. U.S. government agency that insures deposits
  11. 17. Loan secured by home
Down
  1. 1. Current market value minus the amount you owe
  2. 2. Bank to Bank transfers
  3. 3. The Process of taking out a new loan to pay off the balance of an original loan
  4. 4. A regularly paid rate for use of the money
  5. 6. To put money into the account
  6. 7. Person authorized to by the state to certify signatures and administer oaths
  7. 9. A term associated with adding money to an account
  8. 12. Something valuable which the borrower pledges to a lender to secure a loan
  9. 13. A secure loaning designed to help people with limited or poor credit build a positive credit history by reporting their on time credit payments