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Credit Card Terms

Credit and Debt #1
Horizontales
Loan _______ is the length of time you have to pay the loan
________ charge is the total cost of using credit including interest and fee
________rate, lower interest rate offered by credit card companies, usually for a short period to entice you to sign up
_______ period is the length of time that the lender charges no interest on money borrowed when you pay off your balance in full each month
_____ fee a credit card company charges for the use of their credit card
Verticales
Annual Percentage ______ is the cost of the loan each year expressed as a percentage
_________ fee is the charge for setting up a loan
_______ limit is the maximum amount of money the lender is willing to loan to an applicant