2. Borrowing

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  • Created by: J.E.S
  • Created on: 19-10-17 10:01
J Q R V F A E L E O I A G R M H A N K W P
J D A U T N M O R T G A G E T Y J H R W R
Y G U X C N L I H Q U Q Y L O S N I Q F B
G U I E D U V C G F U Q O H M N W R S Y O
R B D E B A Y L T Q D A J A Q A N E V P E
M O R D O L F D T T N A X D Y O D P I T S
S R A O S P W R E D P H H W I L U U B L U
L R C Y O E F A R N K R S K J L T R F P N
G O E U T R C C M U S N Y F I A C C L K S
B W R O H C B T O R E U E L F N Q H L W N
E I O D A E J I F M N D O W L O M A O M D
T N T T H N P D A J P K X K T S X S P U K
J G S I N T O E L O R H B U G R J E U N E
T G E Y H A H R O N G B C I F E J L U B J
Q L N Q O G Q C A F J Y X N F P W N L A Q
C V X Y O E H O N L P J P S C L H V G C J
F Q A L G R O V E R D R A F T N C T X K N
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U S L Q U T U G F E W L I W S I U G P X Y
P V U G X E E E N D W E G L E H H T M J L
X U N G B J L A A E F S G G D R W D I V Y

Clues

  • A loan given for a personal household (e.g. to buy items such as furniture) (8, 4)
  • A loan to finance the purchase of real estate (e.g. a house). A Mortgage is secured on the house, which remains to be the property of the bank until the loan is paid off. (8)
  • Amount of money borrowed (4)
  • Borrowing up to an agreed limit on a current account. Overdrafts must be paid back on demand. (9)
  • Cards that may be used repeatedly to buy products and services on credit or to borrow money up to a pre arranged amount limit (6, 4)
  • Cards that may be used to buy products and services on credit from the shop that issued the card, up to a re arranged limit. Repayment terms are similar to credit cards. (5, 4)
  • Getting money from a lender that must be repaid in the future (e.g. a mortgage) (9)
  • Instalment plan whereby the loan company owns the item, but it becomes yours when the debt if fully paid off. (4, 8)
  • The interest rate published on loans to help compare their true costs (6, 10, 4)
  • The length of time over which a loan can be repaid (4, 2, 1, 4)

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