Credit Insurance

Credit insurance may refer to:

  • trade credit insurance, purchased by businesses to insure payment of credit extended by the business
  • payment protection insurance, purchased by consumers to insure payment of credit extended to the consumer
  • credit derivative, financial instrument or technique designed to separate and then transfer the credit risk of an underlying loan


Famous quotes containing the words credit and/or insurance:

    Gratitude among friends is like credit among tradesmen: it keeps business up, and maintains commerce. And we pay not because it is just to discharge our debts, but that we might the more easily find lenders on another occasion.
    François, Duc De La Rochefoucauld (1613–1680)

    The Republican convention, an event with the intellectual content of a Guns’n’Roses lyric attended by every ofay insurance broker in America who owns a pair of white shoes.
    —P.J. (Patrick Jake)