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EPF 13 Finance/Credit & Loan (GD)

Horizontales
the amount of money borrowed (does not include interest)
extra amount you are charged on top of the money borrowed
property that a borrower promises to give up if they cannot pay back the loan.
The smallest quantity of money you must pay this month
money owed
the maximum amount you can borrow
a quick way to calculate interest (I=prt) I=Interest; P=Principal R=Rate T=Time in years
a person who borrows money with a promise to pay it back
fee you're charged if you fail to pay the bill by the due date
a record of your past borrowing history, credit payments, and financial behavior
buy now, pay later
a loan for a specific amount of money that is repaid by a set date by making regular payments
a number assigned to a person that tells lenders their past credit history
Verticales
borrowing money and promising to pay it back later
a loan for a specific amount of money that is repaid by a set date by making regular payments
a fee paid to a lender for the use of their money
someone who lets you borrow money
annual cost a lender charges you for borrowing money
allows you to carry a balance from month to month as long as you make payments on time and do not go over the credit limit
allows you to carry a balance from month to month as long as you make payments on time and do not go over the credit limit
allows you to carry a balance from month to month as long as you make payments on time and do not go over the credit limit
someone who signs a loan with you and agrees to pay the debt if you don't