Verb

Infinitive to credit

Third person singular credits

Simple past credited

Past participle credited

Present participle crediting

to credit (third-person singular simple present credits, present participle crediting, simple past and past participle credited)

  1. (transitive) To believe.
    Someone said there had been over 100,000 people there, but I can't credit that.
  2. (transitive, accounting) To add to an account (confer debit.)
    Credit accounts receivable with the amount of the invoice.
    For the payroll period credit employees' tips to their wages paid account and debit their minimum wage payable account.
    The full amount of the purchase has been credited to your account.
  3. (transitive) To acknowledge a contribution.
    I credit the town council with restoring the shopping district.
    Credit the point guard with another assist.

Related terms

From Wiktionary under the GNU Free Documentation License.
Mon Mar 1 14:40:52 2010

Look up credit in Wiktionary, the free dictionary.

Credit may refer to:

  • Debits and credits, a type of book keeping entry
  • Credit (creative arts), acknowledging the ideas or other work of writers and contributors
  • Course credit, a system of measuring academic coursework
  • Credit (finance), the granting of a loan and the creation of debt. It is any form of deferred payment.
    • Credit rating, assessment of credit worthiness
    • Credit score, a representation of credit worthiness
    • Zombie credit is a credit given to a (later) highly leveraged company left to operate in default by lenders
This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.

From Wikipedia under the GNU Free Documentation License
Tue Feb 23 04:34:07 2010

How do you lower your credit limit without lowering your overall credit score?
Q. I have only have one revolving credit card, and I have a very high credit score. Because of this overall score they subsequently increase my credit line, even though I don't ask for or use this revolving line of credit. Question? I have been told if you ask for a credit line decrease they lower your overall credit score? Why? What can you do to minimize a lowered credit score?
Asked by Tim - Thu Dec 6 15:56:47 2007 - - 11 Answers - 0 Comments

A. Your talking about your debt to credit ratio which makes up 30% of your overall score. If your balance is really low and your new credit limit reflects no more then 30% usage, your score will not be affected. If however your new limit makes your debt to credit ratio over 30% your score will take a hit. There is nothing wrong with having a high limit as a matter of fact it's good since it makes it hard to exceed 30%. It's not the credit you have that matters it's how you manage it that counts.
Answered by SPIFIMAN1 - Thu Dec 6 16:07:23 2007

Can credit card companies close your accounts without warning? How does it affect your credit score?
Q. I received a letter in the mail from Juniper (iTunes Rewards) stating that they have closed my credit card account due to inactivity. I opened the account about 18 months ago and have never actually used it. Can they close my account just like that without any warning? How should I handle the situation? (Is there anything I can even do?) Also, I know that closing credit card accounts lowers your credit score. Does anyone know how much mine will be affected?
Asked by Sara - Tue Dec 23 21:34:21 2008 - - 6 Answers - 0 Comments

A. Canceling a credit card can ding your credit because part of your credit score is based on something called a debt-to-credit ratio. When you cancel a credit card, you lower the amount of credit available to you, making that ratio look bigger (and more risky) to creditors.. 15 percent Length of Credit History: "In general, a credit report containing a list of accounts opened for a long time will help your credit score. The score considers your oldest account and the average age of all accounts." 35 percent Payment History: "Having a long history making of payments on time and no missed payments on all credit accounts is one of the most important items lenders look for
Answered by Stealth - Tue Dec 23 21:55:55 2008

Are credit card protection plans good for really really old people?
Q. They typically run .99 per $100 and the deal (supposedly) is that if after 90 days of coverage, the cardholder croaks, that they credit card amount owed is forgiven. In the case of elderly people in not the best of health and with large credit card debt ($5000+) is this a good idea? You'd basically be paying $500 a year and betting that you're going to be keeping a high credit card balance and that you'd be likely to croak relatively soon.
Asked by petra - Fri Dec 5 12:14:29 2008 - - 5 Answers - 0 Comments

A. Most of those plans have age limits. So, it's unlikely that they would be available to anyone older than 70 - btw what is your definition of "really old?" Just curious 'cause I'm over 50! LOL In general, those credit card protection plans are ripoffs. It makes more financial sense to buy regular old term life insurance. Much less expensive, and it covers anything you want it to.
Answered by doreen k - Fri Dec 5 13:00:21 2008

From Yahoo Answer Search: "credit"
Tue Mar 9 07:18:09 2010

Credit is the provision of resources (such as granting a loan) by one party to another party where that second party does not reimburse the first party immediately, thereby generating a debt, and instead arranges either to repay or return those resources (or material(s) of equal value) at a later date. It is any form of deferred payment.

Sourced

  • Blest paper-credit! last and best supply! That lends corruption lighter wings to fly.
  • The maxim of buying nothing without the money in our pocket to pay for it, would make of our country one of the happiest upon earth. Experience during the war proved this; as I think every man will remember that under all the privations it obliged him to submit to during that period he slept sounder, and awaked happier than he can do now. Desperate of finding relief from a free course of justice, I look forward to the abolition of all credit as the only other remedy which can take place.
    • Thomas Jefferson, letter to Alexander Donald, July 28, 1787. — The Papers of Thomas Jefferson, ed. Julian P. Boyd, vol. 11, p. 633 (1955).
  • All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.
    • John Adams, letter to Thomas Jefferson, August 25, 1787. — The Works of John Adams, ed. Charles Francis Adams, vol. 8, p. 447 (1853).
Ex-Lehman Credit Vet Joins GoldenTree - Emii.com
news.google.com
Ex-Lehman Credit Vet Joins GoldenTree

Emii.com

... and executive committee members on strategy, client franchise development and the continued expansion of the $11 billion credit -focused hedge fund firm. ...

GoldenTree Adds Lehman Fixed-Income Veteran FINalternatives



all 10 news articles »
Signs Show Another Banking Crisis May Further Freeze Credit Access - Credit Union Times
news.google.com
Signs Show Another Banking Crisis May Further Freeze Credit Access

Credit Union Times

Colby said his biggest concerns for this year are the availability of credit to small- and medium-sized businesses and a second banking crisis. ...



and more »
Let Uncle Sam help pay for college - Bankrate.com
news.google.com
Let Uncle Sam help pay for college

Bankrate.com

Tax credit amounts are subtracted directly from any tax you owe, usually making them a better tax break than deductions, which reduce your taxable income ...

David Bruner, The Tax Man: How to claim tax credits for education Merced Sun-Star



all 2 news articles »

From Google News Search: "credit"
Fri Mar 12 07:51:03 2010

Credit personnel
navi-mag.com
Credit personnel
532px x 800px | 56.50kB

[source page]

http www navi mag com site img articles large credit personnel id233 jpg

contact rachat credit jpg
e-rachat-credit.fr
contact rachat credit jpg
521px x 600px | 145.10kB

[source page]

rachat credit Le rachat de credit par e rachat credit fr Rachat de credit sur toute la France Liberez votre pouvoir d achat et corrigez votre endettement avec le rachat credit Le rachat credit connait depuis quelques annees un grand succes populaire parce qu il rend un vrai service Vous connaissez assez sommairement la technique du rachat credit et vous etes

credit070530ssmbmx01 jpg
blog.creditsport.com
credit070530ssm​bmx01 jpg
445px x 402px | 40.20kB

[source page]

uci tosh

From Yahoo Image Search: "credit"
Fri Mar 12 12:43:30 2010

How to report lost drivers license to credit bureaus | Loans ...
loansafe.org
How to report lost drivers license to credit bureaus | Loans ...

Frank Jenkins

hu, 11 Mar 2010 15:21:50 GM

If you have ever lost your drivers license then you know just how much of a headache it can be. Losing your ID is much more than just another inconvenient.

Should You Use Credit Repair Software?
webpowermall.com
Should You Use Credit Repair Software?

Power Mall

hu, 11 Mar 2010 14:26:42 GM

You're familiar with . credit. repair agencies who work to improve bad . credit. for their clients. However by making use of . credit. repair software? Just what is the.

Bad Credit Auto Loan Financing: Finances Your Dream Ride :: Cars ...
carsloans.net
Bad Credit Auto Loan Financing: Finances Your Dream Ride :: Cars ...

CarsLoans

hu, 11 Mar 2010 09:48:32 GM

Want to have your own car but cannot as your terrible . credit. record is hindering your way from getting a loan? If you are finding that lenders are turning you down or are charging higher interest rates then you should avoid approaching ...

From Google Blog Search: "credit"
Thu Mar 11 10:23:53 2010