"New credit" refers to obtaining a fresh line of credit or loan, such as a credit card or loan from a bank. It means borrowing money from a lender for the first time or opening a new account to access credit.
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«new»
«credit»
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Phrases with «new credit»
Sentences with «new credit»
- You are also in the highest risk category if you try to apply for new credit card accounts. (think-creditcards.com)
- Another trick, if you know you'll be needing a loan in the near future, is to avoid applying for new credit cards in the lead up to applying for the loan. (mybanktracker.com)
- This category reflects factors such as the number of new credit accounts on your credit report. (epic.org)
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