Social Sciences, asked by harshgupta3677, 1 year ago

what is the purpose of credit?

Answers

Answered by Ashi03
3
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.

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Answered by OoExtrovertoO
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.

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