Economics parts 5-7

2. Authority to act for another person in legal or financial matters
6. Someone authorized to certify signatures (Ms. A was one of these!)
7. Bank service that issues a certificate allowing people to receive cash
8. Machine that allows you to perform banking functions, typically charging fees to noncustomers
10. Prepaid card issued by government to pay for certain benefits
12. Storing money and keeping it safe. Low risk
15. Taking out a new loan to pay off the remainder of an original loan
17. aka payment network
18. Non profit organization similar to a bank
19. Loan that gives homeowners a revolving line of credit
20. Fee from your bank when there is a transaction that equals below zero

1. Scheduled payments
3. The first number at the bottom of the check that indicates the bank holding the account
4. A type of Financial Institution
5. Loan secured by home, usually to purchase or fit-up home
9. A second person that is legally bound to the agreement to the same degree as the original signer
11. Something valuable that the borrower promises to a lender to secure a loan
13. Current market value minus amount you owe
14. A physical bank location
16. Insures deposits of member banks up to 250k