Personal Finance Vocabulary Crossword

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Across
  1. 2. the amount borrowed p, or the unpaid portion of the amount borrowed, on which the borrowed pays interest
  2. 9. interest rate that banks offer to their best business customer
  3. 12. a complete record of your borrowing and repayment performance
  4. 14. remaining credit available to you on current accounts
  5. 16. a business that gathers, stores, and sells credit information to other businesses
  6. 18. treating someone differently based on prejudice rather than individual merit
  7. 19. loans in which the interest rates goes up or down with inflation
  8. 20. checking several places to be sure you are getting the best prices for equal quality
  9. 21. buying something without thinking about it and making a conscious decision
  10. 23. loans in which the interest rate does not change over the life of the loan
  11. 24. a person or company hired to collect an overdue balance on an account
  12. 27. a person or business that loans money to others
  13. 28. the financial ability to repay a loan repay a loan with present income
  14. 29. tells potential creditors the likelihood that you will repay debt as agreed
Down
  1. 1. an accredited person who borrows money from others, and must be prepaid later
  2. 3. unlicensed lenders that charge illegally high interest rates
  3. 4. interest computed only on the account borrowed or saved without computing
  4. 5. a consumer's credit history issued by a bureau to a business
  5. 6. a legal business that makes high interest loans based on the value of personal possessions
  6. 7. the use of someone's money, borrowed now with an agreement to pay it back later
  7. 8. involves providing a service for which you will pay later
  8. 10. predetermined amount that can be borrowed on demand with no collateral
  9. 11. the total dollar amount of all interest and fees you pay for use of credit
  10. 13. state law that sets maximum interest rates that may be charged for consumer loans
  11. 15. the cost of credit expressed as a yearly percentage
  12. 17. an organization that makes high risk consumer loans
  13. 22. a person who agrees to pay the loan if the borrower falls to
  14. 25. the measure of creditworthiness based on an analysis of your credit and financial history
  15. 26. a code that protects your account name, number, and other information
  16. 30. the percentage of interest you pay on a loan