Credit is used in relation to the approval for delayed payments for purchased goods, services, or money (loans). Borrower normally issues a receipt to the lender promising to pay back. A credit frequently involves an interest and other costs like arrangement fees. Trustworthy is related to the ability to pay. Creditworthy is based on a person's credit history, or credit rating.
A Credit Bureau is an agency that collects information on the credit record of consumers so that creditors could make decisions about granting of loans. Companies that offer credit to their customers are part of the Financial market. Risks involving credit concern regulators of this markets.
A Credit Union is a nonprofit, cooperative financial institution owned and run by its members. Members pool their funds to make loans to one another. The volunteer board that runs each credit union is elected by the members. Most credit unions are organized to serve people in a particular community, group or groups of employees, or members of an organization or association. 
The term could also be used as: Recognition or approval for an act, ability, or quality. Ibidem