Credit (definition)
Credit
In the software, "credit" refers to a transaction that forgives a portion of a loan. Not to be confused with a line of credit, like a credit card, or a charge-off, which writes off the entire loan as a loss.
In the software, "credit" refers to a transaction that forgives a portion of a loan. Not to be confused with a line of credit, like a credit card, or a charge-off, which writes off the entire loan as a loss.