Across
- 3. Organization that channels savings to investors.
- 6. price you pay for an insurance policy
- 7. act of not repaying borrowed money
- 8. an official declaration to a court and your creditors that you are unable to pay your monthly bills.
Down
- 1. the amount you pay before the insurance company pays anything.
- 2. persons or institutions that you owe money to.
- 4. The price of credit to a borrower or how much you get paid for lending an institution your money or how much you have to pay to borrow money.
- 5. something of value that a borrower lets the lender have if the loan is not repaid.