________________is defined as every aspect of an applicant's dealing with a creditor, beginning with information gathering and continuing through to the servicing and collection of the loan.

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Credit transaction encompasses all stages of the lending process, from the initial information gathering to the collection of the loan. Credit terms refer to the specific agreements made between the creditor and the borrower regarding the loan, such as interest rates and repayment schedules. Credit rating refers to the borrower's creditworthiness, as determined by their credit history and other factors. Credit application is simply the initial form completed by a borrower when applying for a loan.

________________Is Defined as Every Aspect of an Applicant's Dealing with a Creditor