Type of Credit Descriptions
 
Borrower - Applying for credit in my own name. Not relying on income or assets of another person for repayment.
 
Borrower / CoBorrower (Spouse) - Applying for credit with my spouse. Both are liable for the obligation. Both will receive goods, services, or money in return for the credit obligation.
 
Borrower / CoBorrower (Non-Spouse) - Applying for credit with another person; non-spouse. Both are liable for the obligation. Both will receive goods, services or money in return for the credit obligation.
 
Borrower / with Authorized User - Applying for credit with another authorized user; non-spouse. Both are liable for the obligation. Both will receive goods, services or money in return for the credit obligation.
 
Borrower / with Guarantor - Applying for credit in my own name. Relying on income or assets of another person for repayment. The other person will not benefit from the obligation but will be liable in default situations (for example, cosigner or guarantor). Application information is required for both the applicant and the other person.