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 ?
Global Banking News-April 11, 2016--Kenyan central bank 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.
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.
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.
She called every business the ID thieves had tried to scam and told them not to extend credit to the impostors.
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.
This part establishes rules under which a Federal Reserve Bank may extend credit to depository institutions and others.
For our example, we will extend credit to 700 of the one thousand accounts.
companies to extend credit to customers in Latin America, they can continue to develop these markets--and protect their receivables against nonpayment losses--with a product known as export credit insurance.
Both Paragon and the old lender are asset-based institutions that extend credit to the retail industry.
Bank of Tokyo, a creditor of the company, alleged it agreed to extend credit to Globe based on financial statements prepared by the CPA firm.
Retail cards generally have lower credit lines than general purpose cards and can be used to extend credit to borrowers who are unable to obtain credit from other sources.
The CBJ is expected to sign a USD100m loan agreement with the Arab Fund for Economic and Social Development, so as to extend credit to SMEs via local banks.
Lending officers at some of the largest banks in the country said Thursday they would never extend credit to Newt Gingrich on the terms that he got from Dole.
Lenders, already reluctant to extend credit to borrowers that are subject to a high risk of CERCLA liability, will only be deterred further by the prospect of affirmative lender liability under CERCLA.