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"credit approval" is a correct and usable phrase in written English.
You can use it when you are referring to a situation in which an individual or organization has been given permission to borrow money or use a form of credit. For example, "The customer was granted credit approval for a loan of $20,000."
Exact(22)
At one point, he received a call from an auto dealership in the South checking whether he was seeking credit approval to buy a car.
Even for those who can get credit approval, the plans make sense only if users are able to make payments on time and close the loan on schedule, typically within 12 months.
After credit approval.
Credit approval req'd.
Credit approval must be completed prior to placement of first insertion, or prepayment will be required.
T-Mobile @Home Offer: Qualifying rate plan, credit approval and two-year agreement required.
Similar(36)
Or look at Circuit City: it used its skills in managing inventory and processing credit approvals to start CarMax, a successful used-car company.
And credit approvals by A.T.M. are already a fact of financial life in Turkey, for one, where the bank machines are helping fuel a consumer credit boom that some analysts fear could spiral into a debt crisis.
A dedicated server bank at First Data Corp. means that Home Depot's credit approvals take less than a second, the fastest in the industry.
A dedicated server bank at First Data Corp. means Home Depot's credit approvals take less than a second, the fastest in the industry and less time than it takes them to swipe your card.
Orange County's Villa Park, with a median home price topping $1 million, had the highest rate of equity credit approvals last year.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com