Credit can refer to praise, money, course units, or names. It means to take credit for something or someone's work. "To someone's credit" means to praise despite other negative qualities
Roblox offers two types of Gift Cards: credit cards and Robux codes. Gift Cards can be purchased digitally or physically at game shops. Credit cards add real money to Roblox Wallet for spending. Robux codes provide in-game purchase currency
DTI ratio shows percentage of monthly income going to debt payments. Calculated by dividing total monthly debt by monthly gross income. Formula: Monthly Debt Payment ÷ Monthly Gross Income
Collateral is a valuable asset pledged as security for a loan. Lenders can seize collateral and sell it if borrowers default. Collateralized loans typically offer lower interest rates than unsecured ones
Credit cards allow borrowing from banks, while debit cards deduct from bank accounts. Both cards have 16-digit numbers, expiration dates, and EMV chips. Credit cards offer better fraud protection than debit cards
Credit limit is the maximum amount of credit available from financial institutions. Lenders set limits based on income, employment status, and credit score. Higher-risk borrowers typically receive higher credit limits