1.
Credit What credit automatically renews whenever a payment is made to reduce the debt?
2.
what is it called when something owned (that has value) offered as security on a debt; if the debt is not repaid as agreed, the item is forfeited to the lender?
3.
What is a legal claim against (or right to own) an asset until the debt (loan) is repaid?
4.
Asset What is an asset that increases in value over time?
5.
What is it called when the value of a home increases over time and the difference between the amount owed and what the home could be sold for?
6.
What is it called when someone fails to repay a loan on time?
7.
Credit What is a loan for a fixed amount of money that‘s paid back in monthly installments?
8.
Asset what is an asset that loses value over time, such as a car that is worth less every year?
9.
Lending What is it called when a lender who uses deceptive, unfair, or fraudulent practices on borrowers who are desperate for cash?
10.
What percent of Americans have a credit card?
11.
Loan What loan comes from a bank, credit union, or other lender that is a fixed amount and has fixed payments?
12.
loans What is it called when someone borrows money from the federal government or private lenders to pay the cost of going to college?
13.
What thing is causing people to have to delay marrying, having children, saving or retirement, and buying a home that commonly comes from unpaid credit cars?
14.
Credit What type of credit makes someone have to put down a security deposit or use something as collateral?
15.
How much money do some credit card companies require for people who have limited credit history or damaged credit?
16.
Credit What credit is when the lender doesn't require you to put down a security deposit or collateral?
17.
Credit What credit is when there's an agreement or a contract that puts you on a schedule of payments?
18.
What payments are scheduled and get paid over time?
19.
What can lenders charge on your payments that makes you pay more than the original price?
20.
What is another form of debt that is an agreement with the lender that the borrower will pay back the money they borrowed?
