Table of Contents
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.
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Table of Contents
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.