loan termnology

1234567891011121314151617
Across
  1. 4. - a legal agreement by which a bank, building society.
  2. 5. - a amount of money you borrow to buy something like a house, etc
  3. 8. - the maximum amount of money someone can borrow.
  4. 9. - the amount of time you can have your borrowed money for
  5. 13. Card - something you use for everyday payments.
  6. 15. Interest- an interest rate that fluctuates with the wider market
  7. 16. - someone you can borrow money from.
  8. 17. Card - a card that you can use when you don't have enough money, and use the banks money.
Down
  1. 1. rate - percentage of a loan or savings amount.
  2. 2. - a security for repayment of a loan.
  3. 3. -the state of being protected against or safe from danger or threat.
  4. 6. the starting amount of money you paid when buying something or making a loan
  5. 7. Term -an agreement for a set period of time
  6. 10. - new loans at a lower rate of interest.
  7. 11. Interest - an interest rate that will stay the same over the whole time of paying a loan.
  8. 12. - a situation involving the chance to lose money.
  9. 14. - someone who has organised with you to take money from you for a time