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Credit Score Illustration (exceptional Buy Home With Bad Credit #1)

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Credit Score Illustration (exceptional Buy Home With Bad Credit #1)

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Interpretation of Credit Score Illustration

Credit

cred•it (kredit),USA pronunciation n. 
  1. commendation or honor given for some action, quality, etc.: Give credit where it is due.
  2. a source of pride or honor: You are a credit to your school.
  3. the ascription or acknowledgment of something as due or properly attributable to a person, institution, etc.: She got a screen credit for photography.
  4. trustworthiness;
    credibility: a witness of credit.
  5. confidence in a purchaser's ability and intention to pay, displayed by entrusting the buyer with goods or services without immediate payment.
  6. reputation of solvency and probity, entitling a person to be trusted in buying or borrowing: Your credit is good.
  7. influence or authority resulting from the confidence of others or from one's reputation.
  8. time allowed for payment for goods or services obtained on trust: 90 days' credit.
  9. repute;
    reputation;
    esteem.
  10. a sum of money due to a person;
    anything valuable standing on the credit side of an account: He has an outstanding credit of $50.
    • official acceptance and recording of the work completed by a student in a particular course of study.
    • a credit hour.
  11. [Bookkeeping.]
    • an entry of payment or value received on an account.
    • the right-hand side of an account on which such entries are made (opposed to debit).
    • an entry, or the total shown, on the credit side.
  12. any deposit or sum of money against which a person may draw.
  13. do someone credit, to be a source of honor or distinction for someone. Also,  do credit to someone. 
  14. on credit, by deferred payment: Everything they have was bought on credit.
  15. to one's credit, deserving of praise or recognition;
    admirable: It is to his credit that he freely admitted his guilt.

v.t. 
  1. to believe;
    put confidence in;
    trust;
    have faith in.
  2. to bring honor, esteem, etc., to;
    reflect well upon.
  3. [Bookkeeping.]to enter upon the credit side of an account;
    give credit for or to.
  4. to award educational credits to (often fol. by with): They credited me with three hours in history.
  5. credit to or  with, to ascribe to a (thing, person, etc.): In former times many herbs were credited with healing powers.
credit•less, adj. 
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