Question

what is the purpose of credit?

Answer 1

Purpose credit is also called a margin loan. See also: minimum maintenance, margin call, nonpurpose loan. As Chief Operating Officer, Evan will assume the responsibility for the Technology and Servicing Operations, in addition to his current responsibilities overseeing the General Purpose Credit Card business.

may it will help you... mark as brainliest

Answer 2

Answer:

Credit is part of your financial power. It helps you to get the things you need now, like a loan for a car or a credit card, based on your promise to pay later. Working to improve your credit helps ensure you'll qualify for loans when you need them.

________❤️ hope it helps you ❤️______