Kylie Endsley

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Across
  1. 3. The three-digit score assigned to your credit profile based on your debt history.
  2. 4. What is an annual percentage rate called
  3. 6. A deficit that occurs when you withdraw an amount of money from an account that exceeds the account balance.
  4. 9. an increase in a value of money that has been set aside.
  5. 10. The lump sum of money you pay toward buying a home when you take out a mortgage.
  6. 12. The dollar amount of money you deposited into an account or borrowed, not including interest.
  7. 13. When you owe money to someone (usually a bank) for borrowing there money.
  8. 14. Your ownership of an asset after you've accounted for the debt you owe on it.
  9. 15. A borrower's item, property, or asset that a lender accepts as a guarantee of a loan.
Down
  1. 1. the total value of all of you assests
  2. 2. The annual reports performed by each of the three credit bureauo that show all your credit accounts in one place, including your account history and any new accounts.
  3. 5. A financial instrument that locks away cash so that you can't use it for a certain time in exchange for a higher interest rate.
  4. 7. A method of calculating interest where you earn a percentage not just of the principal amount but the principal plus any previously earned interest.
  5. 8. What is a health savings account abbreviations
  6. 10. When you stop making payments on a loan
  7. 11. A loan you take out to buy a piece of property, where the piece of property is the collateral. That means if you fail to make payments, the lender can seize the property.