English, asked by galidojessa939, 3 months ago

advantage of credit is Credit helps buying become more convenient for customers what does it meaning?​

Answers

Answered by pds39937
8

Explanation:

Credit can be a powerful tool that helps you improve your finances, get access to better financial products, save money on interest, and can even save you from putting down a deposit opening utility or cell phone accounts.

Offering credit often encourages customers to speed up or increase the amount of their spending. Some businesses offer credit to gain a competitive advantage in their market. Balancing the potential for increased sales with the risk of reduced cash flow is an important part of managing risk in your business.

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