Week 30

3. Score A number assigned to a person that indicates to lenders their capacity to repay a loan.
5. of Life The standard of health, comfort, and happiness experienced by an individual or group.
6. Setting aside money for future income, benefit, or profit to meet long-term goal; using savings to earn a financial return.
10. Rate Payment for use of someone else's money; usually expressed as an annual rate in terms of a percent of the principal (the amount owed).
12. a sum of money that is borrowed and expected to be paid back with interest.
13. Income The total amount of income from wages before any payroll deductions.

1. Variable Rates Interest rate that can change (go up or down) over time of the loan
2. Receiving money from lenders in advance with the intention of repaying it
4. of Living The quality of health, comfort, and happiness by an individual or group of people.
7. Money set aside for short-term goals.
8. A loan that is used to buy a house.
9. The entire amount of money owed to lenders.
11. A required payment by individual/organizations to the government; fees placed on income, property, or goods to support government programs.