Across
- 2. a payment card that draws money directly from your checking account
- 6. type of credit vehicle in which a sum of money is lent to another party in exchange for future
- 8. shorthand to describe a variety of career paths
- 10. shopping a practice among consumers where a range of available suppliers are compared to identify the
- 14. a member-owned financial cooperative that is created and operated by members
- 15. means the amount of money received in exchange for products or services
- 17. the ability to borrow money with the promise that you'll repay it in the future
- 18. need is something that is necessary to live and function. A want is something that can improve your quality of life
- 19. a source of ready cash in case of an unplanned expense, an illness, or the loss of a job.
- 20. the practice of dividing your money among lots of different types of investments
- 22. a savings product that earns interest on a lump sum for a fixed period of time.
- 24. any useful thing or something that holds value
- 25. an insurer indemnifies another against losses from specific contingencies
Down
- 1. a prediction of how likely you are to pay a loan back on time based on information from your credit reports
- 3. a sum of money has greater value now than it will in the future due to its earnings
- 4. how likely a potential borrower is to pay back a line of credit
- 5. process through which people or other entities who cannot repay debts to creditors
- 7. is the price you pay for a loan
- 9. to fail to do something, such as pay a debt, that you legally have to do
- 11. the original sum of money borrowed in a loan or put into an investment
- 12. set aside money for savings before paying bills and making other purchases.
- 13. way to balance income, expenses and financial goals
- 16. a statement that has information about your credit activity and current credit
- 21. anything owed by one party to another
- 23. the monetary charge for the privilege of borrowing money,
