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Money Matters Ch 4 Vocabulary

Across
Preferred method of debt repayment; includes a list of all debts organized from smallest to largest balances; minimum payments are made to all debts except the smallest
An expense, such as a charitable contribution, that can be deducted from one's taxable income
An interest rate charged to a customer during the early stages of a loan; the rate often goes up after a specified period of time
Type of card issued by a bank that allows users to finance a purchase
Time frame that a loan agreement is in force, and before or at the end of which the loan should either be repaid or renegotiated for another term
Down
A decrease or loss in value
A detailed report of an individual's credit history
A measure of an individual's credit risk
A yearly fee that's charged by the credit card company for the convenience of the card
Cost of borrowing money on an annual basis