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What is Credit?
Question
Asked 4/4/2013 4:46:57 PM
Updated 7/9/2018 12:18:29 PM
1 Answer/Comment
Flagged by alfred123 [7/9/2018 12:18:24 PM]
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User: What is Credit?

Question
Asked 4/4/2013 4:46:57 PM
Updated 7/9/2018 12:18:29 PM
1 Answer/Comment
Flagged by alfred123 [7/9/2018 12:18:24 PM]
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3
Credit is a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some date in the future, generally with interest.
Added 7/9/2018 12:18:29 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [7/9/2018 12:37:25 PM]
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