src: s-media-cache-ak0.pinimg.com
Credit insurance refers to several kinds of insurance relating to financial credit:
- 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
Source of article : Wikipedia
0 Comments