Across
- 1. money borrowed to buy something now with an agreement to pay for it later
- 4. credit _____: a measure of credit-worthiness based on an analysis of a consumer's financial history
- 5. property possessed that is worth more than debts owed
- 7. credit _____: the complete record of your borrowing and repayment performance
- 8. a person who promises in writing to repay a promissory note (loan) if the maker (debtor) fails to pay
- 11. the total dollar amount of all interest and fees you pay for the use of credit
- 12. credit _____: a company that gathers, stores, and sells credit information to business subscribers
- 14. a responsible attitude toward honoring obligations; often judged by the person's credit history
Down
- 2. treating people differently based on prejudice rather than individual merit
- 3. the ability to repay a loan with present (current) income
- 6. person or business that loans money to others
- 9. property pledged to a creditor to assure repayment of a loan
- 10. a person who owes money to others
- 13. credit _____: a written statement of a consumer's credit history issued by a credit bureau to its business subscribers