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Discover LudwigThe phrase "credit terms" is correct and usable in written English
It is typically used to refer to the conditions of a loan or financial agreement, such as the length of repayment, interest rate, or other such details. For example: We reviewed the credit terms carefully before entering into the loan agreement.
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Credit terms are usually expressed with a discount for prompt payment.
Credit Terms: These include credit limits, interest charges, discounts for early payment and penalties for late payments.
In your case, O2 has agreed to halve your bill and offer credit terms.
Relaxed credit terms, like zero-down payment options encouraged by Fannie Mae and other lenders, helped.
Other measures he suggests for minimising the risk of delayed payments involve flexibility around credit terms.
The Federal Reserve reports that credit terms are now starting to ease a bit.
He declined to say whether any of the company's trading partners had suspended or altered credit terms.
"The key is to make it voluntary, to make it simple and to offer favorable credit terms".
It is no different in unregulated financial markets, where easy credit terms almost always produce an asset bubble.
The subprime market is too small to have much aggregate effect, but credit terms are getting a little meaner for mainstream borrowers too.
Promotional memos NovaStar sent to its 16,400 unsupervised mortgage brokers across the country told the tale of easy credit terms.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com