# LoanOrCredit - Schema.org Type

> Source: https://schema.org/LoanOrCredit
> Extracted: 2026-02-16T18:48:46.433Z

---

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A financial product for the loaning of an amount of money, or line of credit, under agreed terms and charges.

Property

Expected Type

Description

Properties from [LoanOrCredit](https://schema.org/LoanOrCredit "LoanOrCredit")

`[amount](https://schema.org/amount "amount")`

[MonetaryAmount](https://schema.org/MonetaryAmount "MonetaryAmount")  or  
[Number](https://schema.org/Number "Number")

The amount of money.

`[currency](https://schema.org/currency "currency")`

[Text](https://schema.org/Text "Text")

The currency in which the monetary amount is expressed.

Use standard formats: [ISO 4217 currency format](http://en.wikipedia.org/wiki/ISO_4217), e.g. "USD"; [Ticker symbol](https://en.wikipedia.org/wiki/List_of_cryptocurrencies) for cryptocurrencies, e.g. "BTC"; well known names for [Local Exchange Trading Systems](https://en.wikipedia.org/wiki/Local_exchange_trading_system) (LETS) and other currency types, e.g. "Ithaca HOUR".

`[gracePeriod](https://schema.org/gracePeriod "gracePeriod")`

[Duration](https://schema.org/Duration "Duration")

The period of time after any due date that the borrower has to fulfil its obligations before a default (failure to pay) is deemed to have occurred.

`[loanRepaymentForm](https://schema.org/loanRepaymentForm "loanRepaymentForm")`

[RepaymentSpecification](https://schema.org/RepaymentSpecification "RepaymentSpecification")

A form of paying back money previously borrowed from a lender. Repayment usually takes the form of periodic payments that normally include part principal plus interest in each payment.

`[loanTerm](https://schema.org/loanTerm "loanTerm")`

[QuantitativeValue](https://schema.org/QuantitativeValue "QuantitativeValue")

The duration of the loan or credit agreement.

`[loanType](https://schema.org/loanType "loanType")`

[Text](https://schema.org/Text "Text")  or  
[URL](https://schema.org/URL "URL")

The type of a loan or credit.

`[recourseLoan](https://schema.org/recourseLoan "recourseLoan")`

[Boolean](https://schema.org/Boolean "Boolean")

The only way you get the money back in the event of default is the security. Recourse is where you still have the opportunity to go back to the borrower for the rest of the money.

`[renegotiableLoan](https://schema.org/renegotiableLoan "renegotiableLoan")`

[Boolean](https://schema.org/Boolean "Boolean")

Whether the terms for payment of interest can be renegotiated during the life of the loan.

`[requiredCollateral](https://schema.org/requiredCollateral "requiredCollateral")`

[Text](https://schema.org/Text "Text")  or  
[Thing](https://schema.org/Thing "Thing")

Assets required to secure loan or credit repayments. It may take form of third party pledge, goods, financial instruments (cash, securities, etc.)

Properties from [FinancialProduct](https://schema.org/FinancialProduct "FinancialProduct")

`[annualPercentageRate](https://schema.org/annualPercentageRate "annualPercentageRate")`

[Number](https://schema.org/Number "Number")  or  
[QuantitativeValue](https://schema.org/QuantitativeValue "QuantitativeValue")

The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents the actual yearly cost of funds over the term of a loan. This includes any fees or additional costs associated with the transaction.

`[feesAndCommissionsSpecification](https://schema.org/feesAndCommissionsSpecification "feesAndCommissionsSpecification")`

[Text](https://schema.org/Text "Text")  or  
[URL](https://schema.org/URL "URL")

Description of fees, commissions, and other terms applied either to a class of financial product, or by a financial service organization.

`[interestRate](https://schema.org/interestRate "interestRate")`

[Number](https://schema.org/Number "Number")  or  
[QuantitativeValue](https://schema.org/QuantitativeValue "QuantitativeValue")

The interest rate, charged or paid, applicable to the financial product. Note: This is different from the calculated annualPercentageRate.

Properties from [Service](https://schema.org/Service "Service")

`[aggregateRating](https://schema.org/aggregateRating "aggregateRating")`

[AggregateRating](https://schema.org/AggregateRating "AggregateRating")

The overall rating, based on a collection of reviews or ratings, of the item.

`[areaServed](https://schema.org/areaServed "areaServed")`

[AdministrativeArea](https://schema.org/AdministrativeArea "AdministrativeArea")  or  
[GeoShape](https://schema.org/GeoShape "GeoShape")  or  
[Place](https://schema.org/Place "Place")  or  
[Text](https://schema.org/Text "Text")

The geographic area where a service or offered item is provided. Supersedes [serviceArea](https://schema.org/serviceArea "serviceArea").

`[audience](https://schema.org/audience "audience")`

[Audience](https://schema.org/Audience "Audience")

An intended audience, i.e. a group for whom something was created. Supersedes [serviceAudience](https://schema.org/serviceAudience "serviceAudience").

`[availableChannel](https://schema.org/availableChannel "availableChannel")`

[ServiceChannel](https://schema.org/ServiceChannel "ServiceChannel")

A means of accessing the service (e.g. a phone bank, a web site, a location, etc.).

`[award](https://schema.org/award "award")`

[Text](https://schema.org/Text "Text")

An award won by or for this item. Supersedes [awards](https://schema.org/awards "awards").

`[brand](https://schema.org/brand "brand")`

[Brand](https://schema.org/Brand "Brand")  or  
[Organization](https://schema.org/Organization "Organization")

The brand(s) associated with a product or service, or the brand(s) maintained by an organization or business person.

`[broker](https://schema.org/broker "broker")`

[Organization](https://schema.org/Organization "Organization")  or  
[Person](https://schema.org/Person "Person")

An entity that arranges for an exchange between a buyer and a seller. In most cases a broker never acquires or releases ownership of a product or service involved in an exchange. If it is not clear whether an entity is a broker, seller, or buyer, the latter two terms are preferred. Supersedes [bookingAgent](https://schema.org/bookingAgent "bookingAgent").

`[category](https://schema.org/category "category")`

[CategoryCode](https://schema.org/CategoryCode "CategoryCode")  or  
[PhysicalActivityCategory](https://schema.org/PhysicalActivityCategory "PhysicalActivityCategory")  or  
[Text](https://schema.org/Text "Text")  or  
[Thing](https://schema.org/Thing "Thing")  or  
[URL](https://schema.org/URL "URL")

A category for the item. Greater signs or slashes can be used to informally indicate a category hierarchy.

`[hasCertification](https://schema.org/hasCertification "hasCertification")`

[Certification](https://schema.org/Certification "Certification")

Certification information about a product, organization, service, place, or person.

`[hasOfferCatalog](https://schema.org/hasOfferCatalog "hasOfferCatalog")`

[OfferCatalog](https://schema.org/OfferCatalog "OfferCatalog")

Indicates an OfferCatalog listing for this Organization, Person, or Service.

`[hoursAvailable](https://schema.org/hoursAvailable "hoursAvailable")`

[OpeningHoursSpecification](https://schema.org/OpeningHoursSpecification "OpeningHoursSpecification")

The hours during which this service or contact is available.

`[isRelatedTo](https://schema.org/isRelatedTo "isRelatedTo")`

[Product](https://schema.org/Product "Product")  or  
[Service](https://schema.org/Service "Service")

A pointer to another, somehow related product (or multiple products).

`[isSimilarTo](https://schema.org/isSimilarTo "isSimilarTo")`

[Product](https://schema.org/Product "Product")  or  
[Service](https://schema.org/Service "Service")

A pointer to another, functionally similar product (or multiple products).

`[logo](https://schema.org/logo "logo")`

[ImageObject](https://schema.org/ImageObject "ImageObject")  or  
[URL](https://schema.org/URL "URL")

An associated logo.

`[offers](https://schema.org/offers "offers")`

[Demand](https://schema.org/Demand "Demand")  or  
[Offer](https://schema.org/Offer "Offer")

An offer to provide this item—for example, an offer to sell a product, rent the DVD of a movie, perform a service, or give away tickets to an event. Use [businessFunction](https://schema.org/businessFunction) to indicate the kind of transaction offered, i.e. sell, lease, etc. This property can also be used to describe a [Demand](https://schema.org/Demand). While this property is listed as expected on a number of common types, it can be used in others. In that case, using a second type, such as Product or a subtype of Product, can clarify the nature of the offer.  
Inverse property: [itemOffered](https://schema.org/itemOffered "itemOffered")

`[provider](https://schema.org/provider "provider")`

[Organization](https://schema.org/Organization "Organization")  or  
[Person](https://schema.org/Person "Person")

The service provider, service operator, or service performer; the goods producer. Another party (a seller) may offer those services or goods on behalf of the provider. A provider may also serve as the seller. Supersedes [carrier](https://schema.org/carrier "carrier").

`[providerMobility](https://schema.org/providerMobility "providerMobility")`

[Text](https://schema.org/Text "Text")

Indicates the mobility of a provided service (e.g. 'static', 'dynamic').

`[review](https://schema.org/review "review")`

[Review](https://schema.org/Review "Review")

A review of the item. Supersedes [reviews](https://schema.org/reviews "reviews").

`[serviceOutput](https://schema.org/serviceOutput "serviceOutput")`

[Thing](https://schema.org/Thing "Thing")

The tangible thing generated by the service, e.g. a passport, permit, etc. Supersedes [produces](https://schema.org/produces "produces").

`[serviceType](https://schema.org/serviceType "serviceType")`

[GovernmentBenefitsType](https://schema.org/GovernmentBenefitsType "GovernmentBenefitsType")  or  
[Text](https://schema.org/Text "Text")

The type of service being offered, e.g. veterans' benefits, emergency relief, etc.

`[slogan](https://schema.org/slogan "slogan")`

[Text](https://schema.org/Text "Text")

A slogan or motto associated with the item.

`[termsOfService](https://schema.org/termsOfService "termsOfService")`

[Text](https://schema.org/Text "Text")  or  
[URL](https://schema.org/URL "URL")

Human-readable terms of service documentation.

Properties from [Thing](https://schema.org/Thing "Thing")

`[additionalType](https://schema.org/additionalType "additionalType")`

[Text](https://schema.org/Text "Text")  or  
[URL](https://schema.org/URL "URL")

An additional type for the item, typically used for adding more specific types from external vocabularies in microdata syntax. This is a relationship between something and a class that the thing is in. Typically the value is a URI-identified RDF class, and in this case corresponds to the use of rdf:type in RDF. Text values can be used sparingly, for cases where useful information can be added without their being an appropriate schema to reference. In the case of text values, the class label should follow the schema.org [style guide](https://schema.org/docs/styleguide.html).

`[alternateName](https://schema.org/alternateName "alternateName")`

[Text](https://schema.org/Text "Text")

An alias for the item.

`[description](https://schema.org/description "description")`

[Text](https://schema.org/Text "Text")  or  
[TextObject](https://schema.org/TextObject "TextObject")

A description of the item.

`[disambiguatingDescription](https://schema.org/disambiguatingDescription "disambiguatingDescription")`

[Text](https://schema.org/Text "Text")

A sub property of description. A short description of the item used to disambiguate from other, similar items. Information from other properties (in particular, name) may be necessary for the description to be useful for disambiguation.

`[identifier](https://schema.org/identifier "identifier")`

[PropertyValue](https://schema.org/PropertyValue "PropertyValue")  or  
[Text](https://schema.org/Text "Text")  or  
[URL](https://schema.org/URL "URL")

The identifier property represents any kind of identifier for any kind of [Thing](https://schema.org/Thing), such as ISBNs, GTIN codes, UUIDs etc. Schema.org provides dedicated properties for representing many of these, either as textual strings or as URL (URI) links. See [background notes](https://schema.org/docs/datamodel.html#identifierBg) for more details.

`[image](https://schema.org/image "image")`

[ImageObject](https://schema.org/ImageObject "ImageObject")  or  
[URL](https://schema.org/URL "URL")

An image of the item. This can be a [URL](https://schema.org/URL) or a fully described [ImageObject](https://schema.org/ImageObject).

`[mainEntityOfPage](https://schema.org/mainEntityOfPage "mainEntityOfPage")`

[CreativeWork](https://schema.org/CreativeWork "CreativeWork")  or  
[URL](https://schema.org/URL "URL")

Indicates a page (or other CreativeWork) for which this thing is the main entity being described. See [background notes](https://schema.org/docs/datamodel.html#mainEntityBackground) for details.  
Inverse property: [mainEntity](https://schema.org/mainEntity "mainEntity")

`[name](https://schema.org/name "name")`

[Text](https://schema.org/Text "Text")

The name of the item.

`[owner](https://schema.org/owner "owner")`

[Organization](https://schema.org/Organization "Organization")  or  
[Person](https://schema.org/Person "Person")

A person or organization who owns this Thing.  
Inverse property: [owns](https://schema.org/owns "owns")

`[potentialAction](https://schema.org/potentialAction "potentialAction")`

[Action](https://schema.org/Action "Action")

Indicates a potential Action, which describes an idealized action in which this thing would play an 'object' role.

`[sameAs](https://schema.org/sameAs "sameAs")`

[URL](https://schema.org/URL "URL")

URL of a reference Web page that unambiguously indicates the item's identity. E.g. the URL of the item's Wikipedia page, Wikidata entry, or official website.

`[subjectOf](https://schema.org/subjectOf "subjectOf")`

[CreativeWork](https://schema.org/CreativeWork "CreativeWork")  or  
[Event](https://schema.org/Event "Event")

A CreativeWork or Event about this Thing.  
Inverse property: [about](https://schema.org/about "about")

`[url](https://schema.org/url "url")`

[URL](https://schema.org/URL "URL")

URL of the item.

Instances of [LoanOrCredit](https://schema.org/LoanOrCredit "LoanOrCredit") may appear as a value for the following properties

Property

On Types

Description

[acceptedPaymentMethod](https://schema.org/acceptedPaymentMethod "acceptedPaymentMethod")

[Demand](https://schema.org/Demand "Demand")  or  
[Offer](https://schema.org/Offer "Offer")  or  
[Organization](https://schema.org/Organization "Organization")

The payment method(s) that are accepted in general by an organization, or for some specific demand or offer.

[incentiveAmount](https://schema.org/incentiveAmount "incentiveAmount")

[FinancialIncentive](https://schema.org/FinancialIncentive "FinancialIncentive")

Describes the amount that can be redeemed from this incentive.

[QuantitativeValue](https://schema.org/QuantitativeValue): Use this for incentives based on price (either raw amount or percentage-based). For a raw amount example, "You can claim $2,500 - $7,500 from the total cost of installation" would be represented as the following:

```
{
    "@type": "QuantitativeValue",
    “minValue”: 2500,
    “maxValue”: 7500,
    "unitCode": "USD"
}
```

[QuantitivateValue](https://schema.org/QuantitivateValue) can also be used for percentage amounts. In such cases, value is used to represent the incentive’s percentage, while maxValue represents a limit (if one exists) to that incentive. The unitCode should be 'P1' and the unitText should be '%', while valueReference should be used for holding the currency type. For example, "You can claim up to 30% of the total cost of installation, up to a maximum of $7,500" would be:

```
{
    "@type": "QuantitativeValue",
    "value": 30,
    "unitCode": "P1",
    "unitText": "%",
    “maxValue”: 7500,
    “valueReference”: “USD”
}
```

[UnitPriceSpecification](https://schema.org/UnitPriceSpecification): Use this for incentives that are based on amounts rather than price. For example, a net metering rebate that pays $10/kWh, up to $1,000:

```
{
    "@type": "UnitPriceSpecification",
    "price": 10,
    "priceCurrency": "USD",
    "referenceQuantity": 1,
    "unitCode": "DO3",
    "unitText": "kw/h",
    "maxPrice": 1000,
    "description": "$10 / kwh up to $1000"
}
```

[LoanOrCredit](https://schema.org/LoanOrCredit): Use for incentives that are loan based. For example, a loan of $4,000 - $50,000 with a repayment term of 10 years, interest free would look like:

```
{
    "@type": "LoanOrCredit",
    "loanTerm": {
            "@type":"QuantitativeValue",
            "value":"10",
            "unitCode": "ANN"
        },
    "amount":[
        {
            "@type": "QuantitativeValue",
            "Name":"fixed interest rate",
            "value":"0",
        },
    ],
    "amount":[
        {
            "@type": "MonetaryAmount",
            "Name":"min loan amount",
            "value":"4000",
            "currency":"CAD"
        },
        {
            "@type": "MonetaryAmount",
            "Name":"max loan amount",
            "value":"50000",
            "currency":"CAD"
        }
    ],
}
```

In summary:

-   Use [QuantitativeValue](https://schema.org/QuantitativeValue) for absolute/percentage-based incentives applied on the price of a good/service.
-   Use [UnitPriceSpecification](https://schema.org/UnitPriceSpecification) for incentives based on a per-unit basis (e.g. net metering).
-   Use [LoanOrCredit](https://schema.org/LoanOrCredit) for loans/credits.

.

#### More specific Types

-   [CreditCard](https://schema.org/CreditCard "CreditCard")
-   [MortgageLoan](https://schema.org/MortgageLoan "MortgageLoan")

### Acknowledgements

### Examples

Example notes or example HTML without markup.

<div>
Wells Fargo GraduateSM Student Loan
You'll have up to 15 years to repay the loan.

Competitive Annual Percentage Rate (APR)

        Variable interest rates range from 3.22% APR (with discount) to 8.74% APR (without discount).

        Fixed interest rates range from 6.36% APR (with discount) to 10.61% APR (without discount).

The lifetime limit for this loan combined with all other education-related debt is $180,000 for law and business, and $120,000 for other fields of study.
</div>

Example encoded as [Microdata](https://en.wikipedia.org/wiki/Microdata_\(HTML\)) embedded in HTML.

<!-- Wells Fargo GraduateSM Student Loan -->

<div itemscope itemtype="https://schema.org/LoanOrCredit">
  <span itemprop="name">Wells Fargo GraduateSM Student Loan</span>
  You'll have up to
  <div itemprop="loanTerm" itemscope itemtype="https://schema.org/QuantitativeValue">
    <span itemprop="value" content="15">15</span>
    <span itemprop="unitCode" content="ANN">years</span>
  </div>
  to repay the loan.

  Competitive Annual Percentage Rate (APR)
  <div itemprop="annualPercentageRate" itemscope itemtype="https://schema.org/QuantitativeValue">
    <span itemprop="name">Variable interest rates</span>
    range from
    <span itemprop="minValue" content="3.22">3.22%</span> APR (with discount) to
    <span itemprop="maxValue" content="8.74">8.74%</span> APR (without discount).
  </div>

  <div itemprop="annualPercentageRate" itemscope itemtype="https://schema.org/QuantitativeValue">
    <span itemprop="name">Fixed interest rates</span>
    range from
    <span itemprop="minValue" content="6.36">6.36%</span> APR (with discount) to
    <span itemprop="maxValue" content="10.61">10.61%</span> APR (without discount).
  </div>

  The lifetime limit for this loan combined with all other education-related debt is
  <div itemprop="amount" itemscope itemtype="https://schema.org/MonetaryAmount">
    <span itemprop="currency" content="USD">$</span>
    <span itemprop="value" content="180000">180,000</span>
    <span itemprop="name">for law and business</span>,
  </div>
  and
  <div itemprop="amount" itemscope itemtype="https://schema.org/MonetaryAmount">
    <span itemprop="currency" content="USD">$</span>
    <span itemprop="value" content="120000">120,000</span>
    <span itemprop="name">for other fields of study</span>.
  </div>
</div>

Example encoded as [RDFa](https://en.wikipedia.org/wiki/RDFa) embedded in HTML.

<!-- Wells Fargo GraduateSM Student Loan -->

<div vocab="https://schema.org/" typeof="LoanOrCredit">
  <span property="name">Wells Fargo GraduateSM Student Loan</span>

  You'll have up to
  <div property="loanTerm" typeof="QuantitativeValue">
       <span property="value" content="15">15</span>
       <span property="unitCode" content="ANN">years</span>
  </div>
  to repay the loan.

  Competitive Annual Percentage Rate (APR)
  <div property="annualPercentageRate" typeof="QuantitativeValue">
    <span property="name">Variable interest rates</span>
    range from
    <span property="minValue" content="3.22">3.22%</span> APR (with discount) to
    <span property="maxValue" content="8.74">8.74%</span> APR (without discount).
  </div>

  <div property="annualPercentageRate" typeof="QuantitativeValue">
    <span property="name">Fixed interest rates</span>
    range from
    <span property="minValue" content="6.36">6.36%</span> APR (with discount) to
    <span property="maxValue" content="10.61">10.61%</span> APR (without discount).
  </div>

  The lifetime limit for this loan combined with all other education-related debt is
  <div property="amount" typeof="MonetaryAmount">
    <span property="currency" content="USD">$</span>
    <span property="value" content="180000">180,000</span>
    <span property="name">for law and business</span>,
  </div>
  and
  <div property="amount" typeof="MonetaryAmount">
    <span property="currency" content="USD">$</span>
    <span property="value" content="120000">120,000</span>
    <span property="name">for other fields of study</span>.
  </div>
</div>

Example encoded as [JSON-LD](https://en.wikipedia.org/wiki/JSON-LD) in a HTML script tag.

<!-- Wells Fargo GraduateSM Student Loan -->
<script type="application/ld+json">
{
"@context":"https://schema.org",
"@type":"LoanOrCredit",
"name":"Wells Fargo GraduateSM Student Loan",
"loanTerm":{
    "@type":"QuantitativeValue",
    "value":"15",
    "unitCode": "ANN"
},
"annualPercentageRate":\[
  {
    "@type":"QuantitativeValue",
    "name": "variable interest rates",
    "minValue":"3.22",
    "maxValue":"8.74"
  },
  {
    "@type":"QuantitativeValue",
    "name": "fixed interest rates",
    "minValue":"6.36",
    "maxValue":"10.61"
  }
  \],
"amount":\[
  {
    "@type": "MonetaryAmount",
    "name":"debt for law and business",
    "value":"180000",
    "currency":"USD"
  },
  {
    "@type": "MonetaryAmount",
    "name":"debt for other fields of study than law and business",
    "value":"120000",
    "currency":"USD"
  }
  \]
}
</script>

Structured representation of the JSON-LD example.