Economy, asked by sheejadinesn628, 1 year ago

What are the terms of the credit.what are the four terms of credit?

Answers

Answered by rosynegi
4
terms of credit includes
1 interest rate
2 collateral
3 documentation requirement
4 mode of repayment
these terms of credit vary substantially from one credit arrangement to another.they may vary depensing on the nature of lender qnd borrower
Answered by stylishtamilachii001
0

Interest rate, collateral ,documentation requirements and the mode of repayment together compromise terms of credit

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