Across
- 4. score Lenders use this number, which is calculated using all the information in your credit report, to decide whether to give you a loan or a credit card and determine the interest rate you have to pay for a loan or credit card.
- 5. insurance a part of the general insurance system of risk financing to protect the purchaser
- 7. account at a bank against which checks can be drawn by the account depositor.
- 9. card A plastic card used to purchase goods or services. The money is deducted immediately from your account.
- 11. A bank/institution that gives out loans.
- 12. balance The amount you still OWE on a bill, loan, or credit card.
Down
- 1. Amount paid based on a certain time period. You can earn a certain amount per hour, per day, or per week.
- 2. balance The amount of money that is actually in your checking account.
- 3. salary The amount a job pays in a year.
- 6. Anything that is purchased with the hope that it will be more valuable or worth more money at a future date.
- 8. payments, high credit card balances, or owing a lot of money= low credit score.
- 10. Someone who wants to take out a loan.
- 13. credit history = higher score.