high credit

Definition

The maximum dollar amount of all loans an individual can have outstanding at one time, beyond which a lender is unwilling to provide additional loans.

Use high credit in a sentence

He had a high credit rating and we all thought that he deserved it for the hard work he put into the system.

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You should always try to pay off your debts on time so that you can get high credit and good borrowing power.

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Because his student loans were in excess of $100,000, he was on the high credit list and was unable to secure a business loan.

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