difference between demand for money and credit As far as I understand in both cases we are seeking money that we don't have and would like to borrow.

That being said what I find even more misleading is the fact that as a nominal interest rate increase credit increases.

If anyone could clarify this that would be absolutely amazing.
I'm not sure what's the nature of the question but:


Credit isn't necessarily linked to money. It's linked to the fact that people desire to consume today rather than tomorrow. You can have credit, borrowing and an interest rate in a cashless economy.
Demand for money could be abstracted as an extra term in the utility function and/or a cash-in-advance restriction, meaning that the individual seeks to hold money because it makes them happy and allows him to pay for real goods. This, in turn, leads to demand for money.