Ask Question
28 December, 17:06

How does credit work?

+1
Answers (1)
  1. 28 December, 20:52
    0
    Credit is an agreement you have with a lender to obtain goods or services that you pay for at a later date under agreed upon terms. For example, if you get a loan, the lender will give you the money and you will have to repay that loan over time along with interest and possibly other fees.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How does credit work? ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers