Across
- 2. A card that lets you borrow a certain amount of money
- 5. The percentage charged by a lender for borrowing money or earned by saving money
- 7. The amount of safety you take with your money
- 10. The interest rate that changes by the market
- 12. A loan used to buy a property
- 13. Changing the way you pack back the bank
- 14. A person or organisation like a bank that gives money to someone with the agreement that it will be paid back
- 15. The amount of time it takes you to pay back your money
Down
- 1. A card linked directly to your bank account that allows you to spend your own money electronically
- 2. An asset pledged by a borrower to secure a loan if the borrower doesn’t repay, the lender can take the collateral
- 3. A set period of time for a loan or investment that doesn’t change
- 4. The original amount of money borrowed or invested, not including interest
- 6. An interest rate that stays the same for the entire term of the loan or investment
- 8. Money that is borrowed and must be repaid, over a set amount of time
- 9. Someone who borrows money from someone
- 11. The Maximum amount of money
- 16. The chance that something bad or unexpected might happen.