Economy, asked by sᴡᴇᴇᴛsᴍɪʟᴇ, 1 year ago

what is variety of credit arrangements​

Answers

Answered by ankit7188
7

Answer:

a credit agreement is a legally binding contract made between a person who borrows money and the lender. It is agreed upon by both parties and outlines the terms of repayment, the fees, other costs and all the rules and requirements pertaining to the loan.

Answered by Anonymous
6

Answer:

heY dear...✌️

Explanation:

credit arrangement means any line of credit, letter of credit, or other arrangement with a bank or other lending institution entered into by the County under this Resolution from time to time under which the lending institution agrees to provide funds to pay the principal or interest on any Notes.

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