credit agreement
Borrowing terms document
A credit agreement is a contract between a lender and borrower specifying the terms under which money is loaned—interest rate, repayment schedule, penalties for default, and collateral requirements.
The term covers everything from credit card agreements to complex corporate financing arrangements.
Before signing the credit agreement, she reviewed the fine print carefully.
- creditworthinessAbility to repay debts
- loanBorrowed money repaid later
- lenderOne who loans money
- contractEnforceable written agreement
- fine printMiniature contractual text
payment terms · interest rate · annual percentage rate · borrower · regulation · mortgage · disclosure · repayment schedule · enforceability · arbitration · promissory note · principal amount · guarantor · debt consolidation · compliance · prepayment penalty · co-signer · collateral
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- contractsbinding contracts, contract length, lease, clause, contract terms
- creditcreditworthiness, creditworthy, FICO, FICO score, microcredit
- credit documentsloan contract, loan estimate, promissory note
- credit termsloans, installment loan, monthly payment, interest rate, installments
- financial agreementsloan contract, promissory note, loan, personal loan, secured loan
credit agreementcash payment
Transaction using physical currency
cash on delivery · prepayment · cash sale · advance payment · cash basis
credit agreementdebt forgiveness
Cancellation of amounts owed
debt cancellation · debt release · settlement agreement · loan forgiveness · debt relief
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