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 / Co-Applicant - Applying for credit with a Co-Applicant. Both are liable for the obligation. Both will receive goods, services, or money in return for the credit obligation.
 
Individual Credit / Guarantor - Applying for credit in my own name. Relying on income of another person for repayment. The other person will not benefit from the obligation but will be liable in default situations. Application information is required for both the applicant and the other person.