Across
- 4. is a period of time during which the borrower is permitted to temporarily stop making payments
- 5. disregard previous entry
- 6. known as wrap reason
Down
- 1. is a period of time during repayment when the borrower, upon meeting specific criteria, is not required to make payments toward their loan(s)
- 2. Amount borrowed, which may increase as a result of interest capitalization, and the amount on which interest is calculated. Also known as principal balance.
- 3. interest Accrued interest that has been added to the Unpaid Principal balance. Since the interest that is capitalized gets added to the principal, the customer will accrue interest on a higher balance.
- 7. known as customer corr code
- 8. Borrower gives permission to speak about account