Across
- 2. Type of coverage on your car insurance policy that will repair damages to your vehicle when something collides with it.
- 5. A measure of how likely you are to pay back your debt.
- 7. signing a loan to guarantee a loan for another person
- 10. An item used to guarantee a loan.
- 11. Total amount you can borrow on a credit card
- 12. An open line of credit that can be used for any purchases as long as you are under the credit limit.
- 13. An insurance policy that will pay a lump sum benefit to your family while the policy is in effect. Usually purchased for 20 years.
- 14. A policy to for life, a way to invest money, provides beneficiary a guaranteed benefit upon death
- 15. An amount the insured agrees to pay before the insurer is obliged to pay anything on a covered claim.
Down
- 1. a vehicle to reduce risk
- 3. Interest rate can change during the duration of the loan based on the prime interest rate or index rate.
- 4. A loan to purchase a house or land.
- 6. How easy or difficult it is to obtain your wealth in cash.
- 8. A loan secured only by someone's good credit score.
- 9. When someone pretends to be you so they can use your credit.