Across
- 2. The total amount that is financed or borrowed an on which interest is compounded
- 9. A financial institutions that accumulates deposits and channels money into lending activities
- 10. property that you own and can be used to repay debt
- 12. Money paid for the use of money; earnings on a savings account
- 13. the minimum monthy payment that must be paid
- 14. An extra charge for various credit activities such as using an ATM or receiving a cash advance
- 15. Money that comes in from property, business or work
- 16. A plastic card that consumers may use to make purchases, withdrawals, or other types of electronic fund transfers
Down
- 1. Expenses that remain constant
- 3. A banking service wherein money is deposited into an account and checks are written or debit card used to withdraw money as needed
- 4. savings, car, jewelry, property or other item that is pledged to pay off a loan or other debt if payments are not made according to the contract; also called security
- 5. an organized plan where you match your income to your expenses
- 6. Interest compounded on the principal only
- 7. A customer who buys the products or services a business produces
- 8. Setting aside income or money for future spending
- 11. A card that allows you to buy items on credit and pay off your debt over time