what is credit? Name and define the 2 type of credit? with its advantage and disadvantage.
Anonymous:
credit is way of buying goods and services and not paying for them until later
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credit means in addition and two types of credit are -
secured credit- car loans , home loans ....etc
unsecured credit - credit cards, mediçaos...etc
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Answer:
Explanation:
credit is way of buying goods and services and not paying for them until later
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