What is a Mutual Fund 12B-1 Credit for?

They are credits because you've paid them and the Mutual Fund company apparently has decided to lower the 12b-1 fees as such you are entitled to a credit (read: refund) of the fees that you have paid

12b-1's are often referred to as "sales and marketing fees". Why you would be getting credits (I assume that you are referring to refunds) I have no idea. I would call the company and find out because I can imagine they might be making a mistake and then will want their money back.

A provision that allows a mutual fund to collect a small fee from investors. This fee is designated for promotions, sales, or any other activity connected with the distribution of the fund's shares. The fee must be reasonable: 0.5% to 1% of the fund's net assets, and up to a maximum of 8.5% of the offering price per share.

Originally the 12b-1 fee was thought to help investors. It was believed that by marketing a mutual fund its assets would increase. This would ultimately lower management expenses because the cost would be spread out among more investors. However, like the Loch Ness monster, this has yet to be proven. Most of the time the 12B-1 is just a way for fund companies to impose hidden costs on investors.

Most mutual funds with 12B-1 fees in excess of 0.25% are classified as a load fund

Mutual funds and savings? I'm going to college and I want to become financially stable and happy. But I want to achieve this faster than usual. Lets examine this! First line says savings. What is the best savings? Ans. - None of the above! The best savings account is actually titled "whole life insurance" policy with actual cash value. Pick somebody out in your family, preferably somebody younger than 20 because their age, and go get a "whole life insurance policy" on them (making sure that it is a policy that has "CASH VALUE."). The lower their age, the lower their health risk is, the lower your monthly premium will be. Do not make mistake of thinking that just because the policy is on their name gives them ownership of it! It does not! If you buy the policy even though its on them, you still own the policy! Why is it the best savings account? Because it is the only place that you will be paid COMPOUNDED INTEREST and while its in the account is TAX FREE. Keep in mind that even though it may be a twenty year policy, if you own the policy, you can jerk the money, or "THE CASH VALUE" out anytime you want for any reason! ONLY THEN WILL THEY TAX THAT MONEY, UNTIL THEN THE MONEY YOU HAVE MADE IS TAX FREE AND COMPOUNDED! If you dont know what compounded interest is, its money on your money. The next month, its money, on your money, on your money. The next month is money on you money x 4. The next, x 5. And so on! After about the 15 yr, the account actually doubles itself in 1 yr because of the compounded interest. Therebye, being the best savings account anywhere!

You pay them daily.

The funds that charge these fees deduct them daily from fund assets.