What is Credit? Crossword Puzzle

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What is Credit? Crossword Puzzle

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QUESTIONS LIST:

  • debt record : how often you borrow/why and how you pay debt
  • stability : amount of time lived in one place and if you rent or own property
  • repossession : when a leased item is forcibly taken back
  • line of credit : amount a lender gives you for credit
  • disclosure : rules for use or contract
  • expenses : the amount of financial obligations you have
  • premiums : monthly agreed upon payment amount
  • bankruptcy : legally unable to pay back debts
  • delinquent : late payments
  • retail credit : received from stores for installment purchases
  • garnishing : wages are held for a collection agency
  • finance charge : amount of interest charged for borrowing money
  • income : money you make, wages brought in
  • down payment : amount paid at the start of a loan to secure purchase
  • installment purchase : item purchased by breaking the price down into smaller portions
  • cash credit : received from credit unions,banks and finance companies