Across
- 5. A loan on a home
- 7. How long you will be paying off a loan
- 8. A kind of loan that is immediate, high interest, and requires rapid payback
- 10. Credit _______ measures how much of your credit limit you are using
- 11. You take out one large loan in order to quickly pay off all your others
- 13. This kind of loan requires the borrower to back up their borrowing with collateral
Down
- 1. This is the word for the actual money borrowed before interest has occurred
- 2. You pay back the easiest debts first, then the large ones
- 3. Kind of loan when you take the entire sum of the loan out at once
- 4. The amount of money you pay on a large purchase before taking the rest of the value out with a loan
- 6. A number between 300 and 850 that shows how responsible of a borrower you are
- 9. You pay off the hardest loans to pay off first
- 12. The annual interest percentage on a loan