Most young people have rarely saved enough money to buy a _________
A loan from a bank which allows someone to purchase a home is called a _____
__________ payments are made to the lending institution.
Payments on a mortgage are usually made over a period of ____________
a mortgage is considered a _________ credit loan
a __________ credit loan is used for smaller big money items such as a new air conditioner unit.
Of course ther is ______ to pay on these types of loans.
To use credit wisely you must never buy so much on credit that you cannot make the ______________ on time.
Beware, ___________ results in higher interest rates.
stores and car dealerships may _______ the merchandise if you cannot make the payments.
repossess (take back)