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CREDIT

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WHAT IS CREDIT ?

The word “credit” has many meanings in the financial world, but it most commonly refers to a contractual agreement in which a borrower receives a sum of money or something else of value and commits to repaying the lender at a later date, typically with interest.

 

WHY CHOOSE US..?

  • Credit is typically defined as an agreement between a lender and a borrower.
  • Credit can also refer to an individual’s or a business’s creditworthiness.
  • In accounting, a credit is a type of bookkeeping entry, the opposite of which is a debit.
Benefits Of Credit