Personal Loans & Purchasing Decisions Crossword

Type of credit that is typically started at he time of a purchase for a specific asset
A required portion of a purchase price aid at the time of a purchase
Someone other than borrower who agrees to sign the loan document and to repay the loan if the original borrower stops making payments
The rate that all factors in the financing costs so that borrowers know exactly what they are paying and can make informed decisions
A loan that has some asset pledged against the loan so that the lender is assured of winding up with some valuable asset if the borrower fails to pay off the loan
Assets that have been pledged against loan repayment
Type of loan taken out to obtain a home
Allows a homeowner to borrow against the equity in his or her home. Equity is the difference between the home's value and the amount owed to a lender
Additional insurance coverage to cover things such as jewelry or valuable heirlooms that are often not fully covered by a typical insurance policy
A long-term rental agreement
Loans that have no collateral pledged against the loan