Belief in hire-purchase? (6)

I believe the answer is:

credit

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This clue might be a double definition.

'belief in hire' is the first definition.
'credit' can be an answer for 'belief' (thesaurus). I am unsure of the 'in hire' bit.

'purchase?' is the second definition.
(thesaurus)

Can you help me to learn more?

(Other definitions for credit that I've seen before include "Source of pride; account entry" , "Believe the time to pay?" , "entry in cashbook" , "Due recognition for kind of loan?" , "gives you a good result in examination" .)

I've seen this clue in the Evening Standard.

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