Personal finance

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Across
  1. 2. An excellent credit rating
  2. 5. A state law that sets a maximum interest rate that may be charged for customer loans
  3. 6. A written statement of a customer’s credit history, issued by a credit bureau
  4. 7. A good credit rating
  5. 8. Unlicensed lenders who charge illegally high interest rates
  6. 12. A person who borrows money from others
  7. 13. Property pledged to insure repayment of a loan
  8. 15. The use of someone else’s money,borrowed now with an agreement to pay it back later
  9. 16. A business that gathers, stores, and sells credit information to other businesses
  10. 18. A loan for a specific amount that must be payed in full,including a finance charges by a stated due date
  11. 22. A service available to charge customers whereby purchases are not billed to the customer until much later than the standard billing time
  12. 24. Potential creditors who think you are a good risk
  13. 26. The total of assigned points used to determine the likelihood that you will repay a debt as agreed
  14. 27. An organization that makes high-risk customer loans
  15. 28. A responsible attitude toward honoring obligations
  16. 29. System a method of evaluation in which points are assigned by a credit bureau based on several factors
  17. 30. A person or business that loans money to others
Down
  1. 1. The financial ability to repay a loan with present income
  2. 3. Legal business that makes high interest loans based on personal possessions pledged as collateral
  3. 4. The complete record of your borrowing and repayment performance
  4. 9. Someone who promises to pay if the borrower fails to pay
  5. 10. The value of property you possess
  6. 11. A timeframe within which you may pay your current balance in full and incur no interest charges
  7. 14. A preestablished amount that can be borrowed on demand with no collateral
  8. 17. The cost of credit expressed as a yearly percentage
  9. 19. Involves providing a service for which you will pay later
  10. 20. Businesses that pay a monthly fee to the credit bureau for access to this information
  11. 21. A measuring of creditworthiness based on an analysis of your credit and financial history
  12. 23. The total dollar amount of all interest and fees you pay for the use of credit
  13. 25. Where a borrower can use credit up to a stated limit