Across
- 2. Public information relevant to financial history.
- 4. As a borrower you pay interest to the lender.
- 5. Payment for money invested in addiction to repayment of the principal.
- 8. A document that chronicles your Credit over the past several years.
- 9. Money saved worth more in the future.
- 10. The Bank and borrower agree the bank can take ownership of the colateral if the loan is not paid as planned.
- 13. Credit bureaus track any time a lender or other company checks you out.
- 14. An asset which is used to guarantee the loan will be repaid.
- 15. Lender review borrower's credit history to understand risk of no being repaid.
Down
- 1. Stays the same for the life of the loads.
- 2. Report will give social security Number, address current and previous and employment history.
- 3. A number that is an assessment of a borrow's credit worthiness.
- 6. A list of every installment loan revolving credit you've had in the last seven to ten years.
- 7. The amount you are borrowing from a lender.
- 11. Borrower's ability to pay back loan given income and debt.
- 12. Those that extend credit.