Question

What is meant by Credit ?
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Answer 1

Step-by-step explanation:

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To have more money in an account than the amount that you have taken out. You don't pay any interest if your account remains in credit.

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Answer 2

Answer:

Credit is the trust that lets people give things (like goods, services or money) to other people in the hope they will repay later on. Example: ... Example: Banks will often let people borrow money through a "credit card" or a "line of credit" in the hopes the person will pay it back. The bank will usually charge interest.

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