credit policy
noun [ C or U ]
ukusplural credit policies FINANCE, BANKING, COMMERCE
a set of principles that a financial organization or business uses in deciding who it will loan money to or give credit (= the ability to pay for goods at a later time):
Bank regulators review bank credit policies as part of their regular examinations.
The implementation of prudent credit policies and modern management techniques will take the company to sound health.
ECONOMICS
a set of actions that a government takes to influence how easy or difficult it is to borrow money:
ease/tighten (a) credit policy The U.S. currency was bolstered by hopes that Germany would ease its credit policy this month.