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Credit union

The mortgage definition for Credit union:

Nonprofit cooperative organizations that provide banking and financial services, including mortgages, home improvement loans and home equity loans, to their members.

Similar Matches

Credit

Credit
A measurement of a person's ability to pay bills on time. Several companies track individuals' credit histories by detailing late or missed payments on loans, credit cards and other debts.


Credit agencies

Credit agencies
Companies such as Equifax or Experian that are often used by lenders to assess your financial background and determine the level of risk involved with lending you money.


Credit averse

Credit averse
When a borrower has a poor credit history, has previously been declared bankrupt or has outstanding County Court Judgements, they are often described as credit averse. People with averse credit ratings often have to pay higher interest rates on a mortgage. 


Further Suggestions

Credit checks
Credit history
Credit period
Credit rating
Credit reference agency
Creditor


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Credit union
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