Type of Credit Descriptions
 
Individual Credit - Applying for credit in my own name. Not relying on income or assets of another person for repayment.
 
Joint Credit - Applying for joint credit where the ability to repay this loan will be determined based on your combined income and debts. Both are liable for the obligation. Both will receive goods, services, or money in return for the credit obligation.
 
Co-Applicants - Applying for credit with another person where the ability top repay this loan will be determined individually. Both are liable for the obligation. Both will receive goods, service, or money in return for the credit obligation.
 
Individual Credit / Cosigner or CoMaker - 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.