Social Sciences, asked by VishaLOMT, 8 months ago

what is credit. I will mark you as Braintest​

Answers

Answered by jmakima55
1

Answer:

Credit 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. ... Credit also refers to the creditworthiness or credit history of an individual or company

Answered by deep200593
0

Answer:

Credit is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.

Hope it is clear....

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