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Jan 27, 2024 · Credit is an agreement between a lender and a borrower that allows the borrower to obtain funds, goods or services now and repay them later.
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Credit is a contractual agreement in which a borrower receives something of value immediately and agrees to pay for it later, usually with interest.
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Credit is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date. Wikipedia
Perfect score: 850
A credit card is essentially a means of borrowing money that is accompanied by interest and sometimes fees. It is also a revolving line of credit, meaning you ...
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