Across
- 7. because you paid each year to borrow money including fees, expressed as a percentage
- 8. The maximum amount that may be borrowed on a credit card
- 10. a credit card service that allows card holders to withdraw a second amount of cash whether through an ATM or directly from the bank and high interest rate for for a fee
- 11. Plastic card that allows you to make purchases now with borrowed money which then you must repay to the lender in one lump sum or in monthly payments with interest
- 13. The amount of time you have to repaint your entire loan
- 14. an agreement where you are credited with a fixed amount of money for a fixed period of time usually with interest
- 15. A Yearly fee that may be charged for having a specific credit card and Independent of how you use the card
Down
- 1. The paying off of that overtime equal installments part of each element does it was the loan principal while the other part goes towards interest
- 2. something valuable that the lender can take as payment if you can’t or don’t repay your secured loan
- 3. A partial payment made in cash at the beginning of a purchase of a good or service while the remaining balance is due later or is financed as a part of a loan
- 4. original amount of money borrowed separate from interest or fees
- 5. A credit card benefit that pays the card holder a small percentage of their net expenditures often is cash, payment towards their balance, rewards points, travel miles, or gift cards
- 6. Long term failure to repeat a loan according to the terms agreed to which has a substantial negative impact on the borrowers credit score
- 9. A monthly record of your account transaction provided by your credit card company electronically or on paper
- 12. The amount you owe as the cost of borrowing one