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Chapter 7: Charge Accounts & Credit Cards Crossword
Down
:
1) A bank statement that shows all deposits, withdrawals, and interest credited to an account.
2) Interest that is charged to a credit account if the account holder does not pay off the balance in full.
3) When more money is spent than what is available in the account. In these situations, the account is said to be "overdrawn."
Across
:
4) An existing line of credit, often at a particular business.
5) A card that allows the cardholder to purchase goods and services on demand by presenting it.
6) Computing the finance charge on a credit account based on the portion of the previous balance that has not been paid.
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