Across
- 2. a personal or business that loans money
- 5. the initial amount of money borrowed or invested
- 7. money that is borrowed by a person/financial institution to purchase goods or services; the borrower agrees to repay the money over a period of time with interest
- 10. a card issued by a bank that a customer uses to buy goods, that's attached to their own personal checking account.
- 11. money removed from a savings or checking account
- 12. a card, issued by a bank, store of other businesses, that is used to borrow money or buy goods and services on credit; borrowers make regular payments to repay the amount of money borrowed with interest and fees
Down
- 1. to revise a payment plan to reflect a new interest rate or other terms
- 3. the yearly cost of a financed amount, including interest and fees, expressed as a percentage rate
- 4. Loan a relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck.
- 6. a percentage earned or paid on money invested or borrowed
- 7. length of time in months or years a borrower is given to repay a loan
- 8. money goods, or services owed to others.
- 9. the total amount of money in an account, or owed, at any given time