Across
- 2. person who takes out a loan
- 3. Term loan length that doesn’t change
- 6. property pledged as security for a loan
- 8. Card linked directly to a bank account
- 10. replacing an old loan with a new one
- 12. length of time to repay a loan
- 13. maximum amount that can be borrowed
- 15. original amount of money borrowed
- 16. chance of losing money
Down
- 1. Card allowing borrowed payments
- 3. Interest rate that changes with the market
- 4. loan to buy property
- 5. person or bank that gives money
- 7. borrowed money that must be repaid
- 9. asset pledged for repayment
- 11. Interest rate that stays the same
- 14. rate percentage charged on borrowed money