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Across 2. a yearly fee that may be charged for having a credit card (2 Words) 3. a person who is equally responsible for paying back debt under the credit terms 5. terms and fees of a credit card in an easy to read box on all credit card applications and solicitations (2 Words) 6. annual percentage rate - the cost of credit expressed as a yearly interest rate 8. the annual interest rate charged on new transactions if the penalty terms in the credit card contract are triggered (2 Words) 9. a source of credit that may combine elements of open and closed-end credit and usually has higher interest rates and fees than other forms of credit (2 Words) 14. a numerical summary of your credit history that indicates your credit worthiness ( 300-850). Lenders use it to make credit decisions, such as the interest rate you get when you apply for a loan. (2 Words) 15. fee charged when a credit card holder does not make the minimum monthly payment by the due date (3 Words) 16. remains on credit record for up to ten years 17. a short-term loan that provides immediate cash by securing a borrower's written check and (2 Words) 18. someone who receives something with a promise to return it or its equivalent

Down 1. type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash. The lender holds onto the check and cashes it on the agreed upon date, usually the borrower's next payday, also called cash advance loans or check advance loans. (2 Words) 4. a line of credit established in advance so you do not have to apply for credit each time you need credit or advance (3 Words) 7. when a borrower fails to keep the mortgage payments current and the lender takes possession of the property 10. an APR that may change depending on other factors in the cost of funds market (3 Words) 11. A loan that is repaid by the borrower in regular installments. Installment debt is generally repaid in equal monthly payments that include interest and a portion of principal. It is a favored method of consumer financing for big-ticket items such as cars and appliances. (2 Words) 12. the maximum dollar amount that can be borrowed, balance may revolve up and down (2 Words) 13. a plastic card that you can use to access a line of credit that has been established in advance (2 Words)