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Once signed, the credit application is legally binding, including all terms and conditions outlined within the agreement.
As the name indicates, a credit application form is a form that is filled out and completed by a business or a person who wants to apply for a line of credit with a lending institution.
Lying on a credit card application is a form of fraud and can have serious legal consequences.
Once signed, the credit application is legally binding, including all terms and conditions outlined within the agreement. All invoices are due [per credit grantor terms]. All amounts for purchases from [name of credit grantor] are payable at [address].
A credit application is an application filed by a prospective borrower and submitted to a credit lender. A credit application can be submitted in writing either through online and offline modes or orally in person at the lenders premises.
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It sets out the: Terms of the loan. Borrowing and repayment procedures and the calculation of interest and fees. Liabilities and obligations of the parties.

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