This application is an informative guide about credits, in which you will find a short explanation about each type of credit.

But what is a credit? A credit is a loan of money that one person or entity (the creditor) grants to another (the debtor), under the commitment that it will be returned under conditions agreed in the credit agreement.

Normally, these financial operations are settled by following a previously agreed payment schedule and including an additional interest as compensation to the creditor, for not having been able to dispose of their money during the entire time that the debtor had it.

The types of credits on which you can find a brief informative explanation in our app are the following:

Consumer credit.
Automotive credit.
Commercial credit.
Consolidated credit.
Educative credit.
Business credit.
Mortgage credit.
Personal credit.
Pledge credit.
Quick credit.
Syndicated credit.
Traditional credit.
Microcredit.
Mini-credit.