Across
- 2. Money borrowed to pay for college or school, repaid after graduation
- 4. What is a credit that automatically renews whenever a payment is made to reduce the debt?
- 9. A loan paid back in fixed monthly payments over time
- 11. Money borrowed to buy a car, paid back over time
- 12. Lenders who take advantage of desperate borrowers with unfair or deceptive practices
- 13. Money borrowed for individual use, paid back in installments
- 15. Failure to repay a loan on time.
Down
- 1. A loan for a fixed amount repaid in monthly payments.
- 3. The increase in value of a home; difference between owed amount and sale price.
- 5. Something that loses value over time, like a car.
- 6. Loan borrowed against the value you’ve built in your house
- 7. When lenders use unfair or deceptive practices on desperate borrowers.
- 8. Loan used to buy a house, paid back over many years
- 10. An asset that grows in value over time.
- 14. Something owned with value offered as security for a debt.