Current location - Loan Platform Complete Network - Loan consultation - Both Credit and loan can mean "loan". What is the difference?
Both Credit and loan can mean "loan". What is the difference?
Credit includes a wide range, including closed credit and open credit. A loan is a closed-end credit, a credit card is an overdraft credit card, and a loan is a loan you apply to a bank. These two things are completely different.

Loan: (meaning to apply for a loan)

Lend; Lend; Lend; lend

Debit note:

Notice issued when asking for arrears (list the receivables you want from customers/agents), such as:

If you are a freight forwarder and help customers move goods, you can give him a DN, and he will sign it back for confirmation, which means the default payment;

If you are the shipper, you should issue a DN to the customer after paying the freight on behalf of the customer to recover the payment;

If you are a buyer, the payment has been paid but the quantity is short, you can issue DN to the seller for the overpayment (the same is true for freight forwarders paying the shipowner's freight).

Credit history:

Credit (or payable) notice (the money you should pay to the customer or agent) only reverses the above debit example note:

If you are a seller, if you need to compensate the customer for the quality problems of your products, or if the customer overpaid for the last order, or if the customer overpaid for your certification, you can write off the account by issuing a credit note.

Both credit note and debit note can be understood as written notice of receipt and payment (debit note can be understood as receipt)

1, different meanings: debitnote is similar to receipt, often called "bill" in practice, similar to invoice.

Creditnote credit certificate is similar to IOU and IOU, and the holder is the creditor.

2. The payee is different: the borrower is the payable and the lender is the receivable.

3.debitnote is much more formal, and d/n needs to indicate the account number and the amount transferred to the account. Generally speaking, the amount, payer, payee and reason should be written on the credit memo.