extend credit to

1. 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.

Example Sentences

The purpose was to extend credit to less and less creditworthy homeowners, not so that they might buy a house but so that they could cash out whatever equity they had in the house they already owned.

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However, becoming a bank means it will be able to extend credit to customers via credit cards, overdrafts and mortgages.

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The few financial institutions that are willing to extend credit to minority-owned cannabis companies charge insane and unfair interest rates.

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Like other U.S. cities, Tacoma saw banks refuse to extend credit to Black and other racial and ethnic minority neighborhoods that were also denied other basic services, with the north of the city more affluent than the south and east.

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But in Jim Crow-era Alabama, where the firm began, banks wouldn’t extend credit to the founding Mr. Perryman.

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