Define Credit.What Is Credit?
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It is the money get from an bank or money lender
Credit us of two types formal and informal credit
Formal credit is credit you get it officially such as banks
Informal credit is credit you get from money lenders, landlords.
It is better to take a formal credit as it can take from low interest
Credit us of two types formal and informal credit
Formal credit is credit you get it officially such as banks
Informal credit is credit you get from money lenders, landlords.
It is better to take a formal credit as it can take from low interest
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It is defined as
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