Loans, loan-related terminology in English 2

QUESTIONS:
(Choose the best response for each one)


1. The interest _________________ will be lowered if you make 12 consecutive payments on time.
rate
return
level

2. We can transfer the money _________________ into your bank account.
exactly
directly
evenly

3. This is not a one-time fee. It is a _________________ fee.
re-occurring
re-happening
re-taking

4. He couldn't pay his loan. = He _________________ on his loan.
defeated
defaulted
devastated

5. In the United States, it is illegal to _________________ an application fee for a federal loan.
cover
cause
charge

6. How much is your __________________? = How much money did you borrow?
interest
origination fee
principal

7. The bank hasn't __________________ our loan yet.
processed
provided
answered

8. __________________ interest is basically accumulated interest.
Accredited
Accrued
Acclimated

9. __________________ of the loan amount = no matter how much the loan amount is
apart
instead
regardless

10. He couldn't pay his loan. = He is _________________ in repaying his loan.
delinquent
devious
deprived

Check answers at http://www.businessenglishsite.com/finance-loan-related-terms2.html