Credit is getting goods, services, or financial assistance - on base of deferred (later) payment settlement.
<u>Student Loan</u> is an example of credit, as they get loan (credit) money for education, which they pay back later.
Checking accounts or savings accounts are just deposits in banks, they are not examples of credit. Interest is just the income on these deposits. Mortgage payment is amount paid per time period, for paying back mortgage (principal, interest, taxes, insurance)
