extend credit to

extend credit to (one)

To allow someone to owe money or use credit. They won't extend credit to me anymore, not with all the money I owe.
See also: credit, extend

extend credit to

Also, extend someone credit. Allow a purchase on credit; also, permit someone to owe money. For example, The store is closing your charge account; they won't extend credit to you any more, or The normal procedure is to extend you credit for three months, and after that we charge interest . This idiom uses the verb extend in the sense of "offer" or "provide," a usage dating from the mid-1500s.
See also: credit, extend
References in periodicals archive ?
Jameson suggests creditors gather job information before they even extend credit to the customer.
which could allow the company to directly extend credit to American car buyers for the first time in a decade, The Wall Street Journal reports, citing people familiar with the plans.
The Kenyan central bank has announced a plan to extend credit to restore banking sector stability.
The CBJ will sign a $100 million loan agreement with the Arab Fund for Economic and Social Development in a few weeks to extend credit to SMEs via local banks, CBJ Deputy Governor Maher Sheikh Hasan told The Jordan Times following an event held by the Young Entrepreneurs Association and the Friedrich Naumann Foundation for Liberty on the bank's programmes for supporting SMEs.
A special campaign would be introduced by Bank of Maharashtra from January 19 to February 7 to extend credit to Micro, Small and Medium Enterprises (MSMEs).
Also, there is a regulatory requirement for banks to extend credit to this sector," Gurchi Kadan, chief executive officer of Standard Chartered Bank Oman, told Times of Oman recently.
If banks continue to struggle, then they can't extend credit to the real economy." Eurozone banks' stock of lending to their Greek peers was a startling 68 percent lower in April than in the same month a year earlier - equivalent to 18 billion euros withdrawn.
As the State owns most of the Irish banks, the Government has a duty to ensure they begin to extend credit to businesses.
The number of small business owners who extend credit to their customers has dropped: 27 percent said they extend credit, compared to 32 percent who extended credit in April 2008.
This sixth EIB loan to Banco de Ahorro y Credito ADEMI represents the maximum 50% of the overall 14 million project to enable ADEMI to extend credit to micro, small and medium-sized enterprises in rural areas.
The Red Flags Rule, originally adopted by the FTC in November 2007 but not yet made effective, requires entities that extend credit to customers to develop policies and procedures to detect, prevent, and mitigate identity theft.
THE Raceform Update Exchecker column last week featured a proposal that Betfair and the Tote get together and extend credit to Scoop6 punters who need to hedge going into the bonus race, or more often, into the final leg of the standard bet.
She called every business the ID thieves had tried to scam and told them not to extend credit to the impostors.
About the same proportion owed money to British creditors, preferring to extend credit to fellow elites as an important sideline to planting and become debtors to those they knew and trusted.
When a practice makes the decision to extend credit to patients, it assumes the risk and the consequences of not receiving full payment at the time of treatment.