Definition
Organization such as a bank, credit union, or finance company that makes loans. It may or may not also be a depository institution.
Business Tips
Repairing Credit by Paying More Than the Minimum Amount Due
Pay more than the minimum. If possible, always make payments over and above the minimum interest payment that is due. Credit bureaus not only look at the amount of debt an individual has outstanding, ... Read more
Related Videos
http://www.businessdictionary.com/definition/lending-institution.html
