Across
- 3. The money that you borrow
- 6. A person who loans their own money to you (Parents, friends, family members)
- 10. Your income (Do you make enough money to make a loan payment?)
- 11. The business that is lending you the money
- 12. Failure to pay your debts as agreed
- 14. How much money you borrow
- 15. Process of getting one loan with a single monthly payment to pay off all your debt
- 16. Pre-approved loan amount that can be used over and over
- 17. A source for credit, but they have a higher interest rate because they make riskier investments
- 18. A number that each person is assigned to show your ability to repay a loan
- 19. Receive a service and pay for it later
Down
- 1. The person borrowing money
- 2. The debtor is protected from any more actions by creditors
- 4. A service that works with you to make a plan to pay off debt
- 5. Putting up something of value in place of a loan (a car, house, boat, etc.)
- 7. Your net worth
- 8. The extra money you pay to borrow money
- 9. Type of revolving credit that you can use over and over
- 13. A Service that helps manage credit to avoid bankruptcy
- 20. The ability to borrow money and pay for it later