Types and Cost of Borrowing Crossword Puzzle
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QUESTIONS LIST:
- overdrawn : having used one's overdraft
- fees : charged for arranging borrowing
- cooling off : period in which the agreement can be cancelled without incurring costs
- interest : lenders make money by charging this
- overdrafts : ear is the interest rate
- appreciation : value of goods going up
- joint name : more than one person is borrowing
- mortgage : loan to buy a home
- depreciation : vale of goods going down
- overdraft : spend more than in your current account
- credit scoring : use to decide to accept or decline loan application
- variable : an interest rate that changes during the lifetime of the agreement
- credit history : record of previous borrowing and repayments
- fixed : apr on a variable loan is this
