Question

what do you mean by the credit what is its important​

Answer 1

Credit means when u help some one then they become success in their lifee then they thnxs u and they give all credit to uu ..

Credit is a broad term that has many different meanings in the financial world. It is generally defined as a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date—generally with interest.

Answer 2

credit refer to an agreement in which the lender supplies the borrower with money , goods and services in return for the promise of future payments