Across
- 4. a type of savings account offered by banks and credit unions
- 5. the amount owed by the borrower to the lender
- 6. the ability to borrow money with the promise that you'll repay it in the future, often with interest
- 7. a contract, represented by a policy, in which a policyholder receives financial protection
- 8. a payment card that deducts money directly from your checking account
- 14. helps people who can no longer pay their debts
- 17. how worthy you are to receive new credit
- 18. something that is necessary to live and function. something that can improve your quality of life
- 19. to fail to meet a financial obligation
- 20. a statement that has information about your credit activity
- 21. An approved plan to spend a certain amount of money in a given fiscal year or project period
- 22. set aside money for savings before paying bills and making other purchases
- 24. the money that a person or entity receives in exchange for their labor or products
Down
- 1. comparing the cost of different products or services
- 2. a cash reserve that's specifically set aside for unplanned expenses or financial emergencies
- 3. a prediction of your credit behavior
- 5. the spreading of your investments both among and within different asset classes
- 9. the price paid for borrowing money
- 10. the money that you originally agreed to pay back
- 11. money that you borrow from someone for a specific purpose or an unforeseen event with a promise to pay back
- 12. the cost you pay each year to borrow money
- 13. a financial professional who executes orders in the market on behalf of clients
- 15. anything you own that adds financial value
- 16. a nonprofit financial institution that's owned by the people who use its financial products
- 23. a sum of money is worth more now than the same sum of money in the future