available credit
Unused borrowing power
Available credit is the unused portion of a credit limit that can still be borrowed against.
If a credit card has a $10,000 limit and $3,000 has been charged, the available credit is $7,000.
The amount fluctuates as charges are made and payments applied: Check your available credit before making a large purchase.
- balanceSteadiness or amount owed
- spending powerAbility to buy things
- borrowingTemporary taking of another's
- cardStiff paper rectangle
- revolvingTurning around a center
utilization · headroom · funds · loan · purchasing · buy now pay later · statement · approval · swipe · plastic · financing · preapproved · overdraft · cash advance · creditworthy · score · bureau · interest
- credit cardsloyalty card, cardholder, cashback offers, card number, rewards card
- creditcreditworthiness, creditworthy, FICO, FICO score, microcredit
- banking termsaccount number, routing number, balance, FDIC, bank statement
- credit scoresFICO score, creditworthiness, payment history, FICO, Equifax
financial position
available creditdebt
Money owed another
outstanding debt · indebtedness · liability · financial obligation · money owed
available, credit, avail, avails, availed, availing, availability, unavailable, credits