An oral or written request for credit made in accordance with the creditor's procedures for the type of credit requested. Information entered into and retained by a computer system qualifies as a written application. It is called:

Question

Quizplus · Accepted Answer

A credit application is the standard term for an oral or written request for credit made in accordance with the creditor's procedures for the type of credit requested.

An Oral or Written Request for Credit Made in Accordance