Across
- 4. arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.
- 7. card for use at one particular store. The store grants you special perks for using a credit card to make purchases.
- 8. a document sent by your bank that records all transactions on your account between two specified dates, usually over a period of one month.
- 9. you purchase something without planning to do so beforehand
- 10. the maximum amount of money a lender will allow a consumer to spend using a credit card or revolving line of credit
Down
- 1. the variable interest rate available to you when the fixed-rate period ends if you decide not to refix your loan.
- 2. a debit to the credit card account that results in you receiving actual cash or a cash equivalent transaction
- 3. rewards customers who purchase or engage with a brand on a recurring basis.
- 5. the record of how a person has managed his or her credit in the past.
- 6. no money is ever actually transferred from the customer's debit or credit card company to the merchant.