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Credit Management

Kadara Dodson

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Across
3.unlicensed lenders who charge illegally high interest rates
6.Money Borrowed to buy something now with the agreement to payfor it later
9.legal business that make high-interest loans based on the value of personal possessions pledged as collateral
10.loan for a specific amount that must be repaid, in full,including all finance charges, by a stated due date
11.Per-established amount that can be borrowed on demand with no collateral
12.property pledged to assure repayment of a loan
13.agreement to lend the borrower an amount up to a stated limit and to allow borrowing up to that limit again, whenever the balance falls below the limit
Down
1.cost of credit expressed as a yearly percentage
2.property you possess (such as bank accounts, investments, and other assets)
4.an agreement to have a service performed now and pay for it later
5.set miximum interest rates that may be charged for loans
7.service available to charge customers whereby purchases are not billed to the customer until later
8.Total dollar amount of all interest and fees you pay for the use of credit

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