CBSE BOARD X, asked by singhsinghjatip13tfj, 1 year ago

what is difference between credit and loan

Answers

Answered by Zetroblaze

While loan is specific to the lending the term credit can be used for similar or different reference in banking context. A loan can also be referred to as credit and even the money coming into the saving account is referred to as credit.

Zetroblaze: welcome:)

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