High credit

High credit

The maximum amount of outstanding loans for a particular customer on a bank's record.

High Credit

The total amount in loans and other debt that a person or company owes to a bank. This may affect the person or company's ability to borrow any more money.
References in classic literature ?
She is grateful to the artists that bring to her this high credit and fill her coffers with foreign money, and so she encourages them with pensions.
The inception of this noble enterprise was his, and he deserves high credit for it.
Pozdena found that an options-based model fit actual data well: Credit card rates showed little response to T-bill rates, and model parameters were "consistent with the representation of credit card debt as costly-to-service, unsecured credit extended to relatively high-risk borrowers." See Randall Pozdena, "Solving the Mystery of High Credit Card Rates," Federal Reserve Bank of San Francisco, Weekly Letter (November 29, 1991 ), unpaginated.
The medium to long-term rating of "AA" denotes high credit quality coupled with strong protection factors.
"The high credit quality of the Fitch-rated State Revolving Fund and Municipal Finance Pool transactions reflects the programs' robust financial structures and generally sound credit quality of the pool participants," said Julie Garcia Seebach, Director, U.S.
B.C.s high credit rating means that the Province has lower debt servicing costs, ensuring that more funding is available to dedicate to making life more affordable and investing in services for people.
The combination of high credit growth, buoyant private investment, and fiscal expansion without tax reform could lead to overheating of the economy,' the IMF said.
Moroccan banks are facing high credit risks, but the country's sound economy and the banks' stable funding and resilient profitability metrics are helping to stabilise their credit profiles, says Moody's Investors Service in a report published on 21 September.
Moody's Caa1 and C ratings indicate "very high credit risk" and obligations "typically in default", respectively.
state of Texas intends to tomorrow, July 27, use their high credit ratings to obtain a loan of $ 1.5 billion to build roads that will be the greatest deal for the sale of municipal bonds this week and the biggest issue for the Build America Bonds month.
The agency said that the collective rating of British banks was downgraded because of a debt burden that could cascade into high credit losses.
"They include high quality of assets, which is stronger in comparison to the other banks on the market, high degree of liquidity, diversified deposit base, high credit portfolio quality and a low amount of bad loans relative to other banks," ProCredit Bank officials explain.