Question

define the credit ? what are its advantages and disadvantages
plz don't give unwanted answers​

Answer 1

Answer:

see the answer up and mark as brainilist

Answer 2

Answer:

A credit is a way of buying goods or services and not paying for them until later.

Advantages and Disadvantages

Buying something on credit with some creditors (even when you can afford to pay cash for it) means you have a credit record.

Using credit also has some disadvantages. Credit almost always costs money. You have to decide if the item is worth the extra expense of interest paid, the rate of interest and possible fees.