Across
- 2. what you owe when you borrow money
- 7. borrowed money or ability to borrow money
- 8. Money borrowed that must be paid back with interest.
- 9. Property pledged to secure the repayment of a loan.
- 11. A type of credit where the balance can carry over from one month to the next.
- 13. Something valuable that can be owned or controlled.
- 14. Interest that is calculated on both the original amount and the interest already added.
- 16. A person or institution that provides loans.
- 17. The value of something after subtracting what is owed.
- 18. A reward program that returns a percentage of a purchase.
- 19. credit A credit option that allows you to borrow up to a certain limit and pay it back over time.
Down
- 1. When someone fails to meet the terms of a loan or debt payment.
- 3. The original amount of a loan, excluding interest.
- 4. Deliberate deception for financial gain.
- 5. Something that happens every two months or twice a month.
- 6. A person who takes out a loan.
- 10. A legal claim on property as security for a debt.
- 12. A fee paid for borrowing money, usually as a percentage.
- 13. When something increases in value over time.
- 15. A loan specifically for purchasing property.