Credit transaction means any transaction by the terms of which the repayment of money loaned or loan commitment made, or payment for goods, services, or properties sold or leased, is to be made at a future date or dates.

Credit transaction means every as- pect of an applicant’s dealings with a creditor regarding an application for credit or an existing extension of credit (including, but not limited to, informa- tion requirements; investigation proce- dures; standards of creditworthiness; terms of credit; furnishing of credit in- formation; revocation, alteration, or termination of credit; and collection procedures).

Examples of Credit transaction in a sentence

We assume no responsibility for verifying any Credits or refunds.• Do not process a Credit transaction once a Chargeback is received.
The Customer may request that ANZ use a specified Advising bank or Nominated bank in respect of an Import Credit transaction.
The NYCHA Tax Credit transaction required the establishment and funding of several project reserves and guaranties in order to ensure timely completion of rehabilitation, which has in fact proceeded on time and within budget.
Any Refund will be carried out only to the instrument which was used to carry out the corresponding Cash Credit transaction, and no requests for an alternate mode of Refund will be entertained under any circumstances.
Do not process a Credit transaction once a Chargeback is received; the Card Issuer will Credit the Cardholder’s account If the information you provide is both timely and, in our sole discretion, sufficient to warrant a representment of the transaction and/or reversal of the Chargeback, we will do so on your behalf.

More Definitions of Credit transaction

Credit transaction means any open or closed end credit transaction whether in

Credit transaction means any open or closed end credit transaction whether in the nature of a loan, retail installment transaction, credit card issue or charge, or otherwise, and whether for personal or for business purposes, in which a service, finance, or interest charge is imposed, or which provides for repayment in scheduled payments, when such credit is extended in the course of the regular course of any trade or commerce, including but not limited to transactions by banks, savings and loan associations, or other financial lending institutions of whatever nature, stock brokers, or by a merchant or mercantile establishment which as part of its ordinary business permits or provides that payment for purchases of property or services therefrom may be deferred.

Credit transaction means an agreement that meets the criteria set out in section 8 (4);

Credit transaction means any transaction, whatever its form may be, and whether or not it forms part of another transaction, by which -

Credit transaction means, with re- spect to a counterparty:

Credit transaction means the grant, denial, extension or termination of credit to an individual.

Credit transaction means any open-end or closed-end credit transaction,