what is credit pls explain it breifly
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the credit refer to the agreement in which the lender supplies the borrower with the money , goods or services in return for the promise of future payment
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1. Crédit is borrowed money that you can use to purchase goods and services when you need them. You get credit from a credit grantor, whom you agree to pay back the amount you spent, plus applicable finance charges, at an agreed-upon time.
2. Credit means receiving something of value now and promising to pay for it later, often with a finance charge added by the lender. American consumers use credit to buy almost everything, including food, clothing, housing and transportation.
3. If you need help battling credit problems, we have information and tools you can use to manage your credit problems and take control of your finances.
2. Credit means receiving something of value now and promising to pay for it later, often with a finance charge added by the lender. American consumers use credit to buy almost everything, including food, clothing, housing and transportation.
3. If you need help battling credit problems, we have information and tools you can use to manage your credit problems and take control of your finances.
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