Across
- 3. money that pays a rate of return
- 5. the likelihood a borrower will default on a loan
- 7. this is the LARGEST percentage of your credit score
- 8. a composite number that indicates creditworthiness
- 9. most common financial institution that loans money
- 12. type of credit card to get when first building credit
- 15. interest on the principal only
- 18. two things you can do with money after taxes are paid
- 19. person who leaves money at the bank
- 21. person who takes out a loan
- 22. interest rate that doesn't change over the life of the loan
- 23. the chance of losing money
Down
- 1. this lender requires you pay them with your next paycheck
- 2. this is a benefit of having and using credit
- 4. this lender requires a car title as collateral
- 6. the price tag of borrowed money
- 10. interest on the principal plus the accrued interest
- 11. the ability to borrow money
- 13. must be a member to borrow from here; may have lower rates
- 14. this is the BANK'S money
- 16. this is YOUR money
- 17. interest rate that does change over the life of the loan
- 20. percentage that represents the yearly cost of borrowing money
- 22. Federal Insurance program for banks