Application

Explanation: The form you must complete in order to apply for credit, be it a credit card, loan, mortgage, etc. You must truthfully answer the questions and then sign the application.

Our Thoughts: Whoever signs the application is individually responsible for any debts that result from the account, so be cautious in co-signing an application.

Related Terms:
co-sign, co-signer
Synonyms:
Credit Card Application, Loan Application