Available Credit

Available Credit

1. The credit one has on a credit card. For example, if one has a $650 limit on a credit and has made $200 in purchases with it, one's available credit is $450.

2. See: Available Balance.
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Consequently, your credit report will show that you are using much more of your available credit than you were before.
Open-end credit generally refers to a revolving line of credit (such as a credit card account) where repeated transactions are expected, the available credit is replenished as unpaid balances are repaid, and finance charges are assessed on unpaid balances.
Banks tightening of available credit caused much of a 33 percent decline in shopping center construction starts in the United States last year, according to the International Council of Shopping Centers (ICSC).
The rating actions are based on available credit enhancement and loss performance.
When available credit is looked at alongside debt from student loans, a mortgage, a car loan, etc.
The ratings are based on the quality of the receivables pool, available credit enhancement (CE), HSBC's underwriting and servicing capabilities, and the transaction's legal and cash flow structures.
The ratings are based upon the available credit enhancement, the transaction's sound legal structure, and the capabilities of HFC as servicer and HSBC Auto Finance Inc.
The rating actions are a result of continued available credit enhancement in excess of stressed remaining losses and the attainment of class credit enhancement targets.
The rating actions are a result of increased available credit enhancement in excess of stressed remaining losses.
The expected ratings are based upon the available credit enhancement, the transaction's sound legal structure, and the capabilities of HFC as servicer and HSBC Auto Finance Inc.
The VantageScore model was created by senior analysts from the three national credit reporting companies and offers superior predictiveness because it is based on the most recently available credit data," said Barrett Burns, president and CEO.
This affirmation is based on Fitch's belief that the stand alone Discover entity including Discover Bank will be structured to remain an investment grade rated institution, coupled with the quality of the receivables, collateral performance, available credit enhancement, the transactions' legal and cash flow structures, and the servicing capabilities provided by Discover Bank.