What is Bank Credit?
Bank credit is an amount ofthat a person or business can borrow from a bank.
How Does Bank Credit Work?
All kinds of things can be bank credit: mortgages,accounts and even overdraft lines. Added together, this is bank credit.
Why Does Bank Credit Matter?
Bank credit is a person's or business's total borrowing capacity in all forms with a bank. The quantity and cost of bank credit largely rests on the borrower's creditworthiness, though past relationships, currentand the use of are also .