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  2. Letter of credit - Wikipedia

    en.wikipedia.org/wiki/Letter_of_credit

    Letters of credit are also sometimes used as part of fraudulent investment schemes. [31] In the international banking system, a letter of undertaking (LOU) is a provisional bank guarantee, under which a bank allows its customer to raise money from another bank's foreign branch in the form of short-term credit.

  3. What to do when your mortgage application gets denied - AOL

    www.aol.com/finance/mortgage-application-gets...

    Contact your loan officer. When a lender rejects your loan application, “it shouldn’t be a surprise,” says Brian Koss, the Winchester, Mass.-based regional sales director of Movement ...

  4. Credit reference - Wikipedia

    en.wikipedia.org/wiki/Credit_reference

    Whether the credit reference is a good one depends on if the payments have been made on time or not. The credit limit and payment history in the credit references give other potential creditors an idea on whether an individual will make payments on time or default. Credit references also determine if an individual's credit score. [2]

  5. Credit agreements in South Africa - Wikipedia

    en.wikipedia.org/wiki/Credit_agreements_in_South...

    Credit facility. A credit facility is an agreement in terms of which a credit provider supplies goods or services, or pays an amount to the consumer. The consumer's obligation to pay the price or repay the money is deferred, in exchange for which the consumer pays interest and fees. Examples of a credit facility are credit advanced.

  6. Documents you’ll need to apply for an unsecured business loan

    www.aol.com/finance/documents-ll-apply-unsecured...

    Credit report: Like your personal credit report, ... Apply: Submit your application for the chosen unsecured loan along with any required documentation. Approval: Await the lender’s decision ...

  7. Credit Support Annex - Wikipedia

    en.wikipedia.org/wiki/Credit_Support_Annex

    Credit Support Annex. A Credit Support Annex ( CSA) is a legal document that regulates credit support ( collateral) for derivative transactions. Effectively, a CSA defines the terms under which collateral is posted or transferred between swap counterparties to mitigate the credit risk arising from in the money derivative positions.

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