2 years ago

If someone wants to buy something now and pay the lender back later, what can they use? (2 points)

Social Studies

1 answer:

BabaBlast [244]2 years ago

6 0

If someone wants to buy something now and pay the lender back later, They can they use Credit.

<h3 /><h3>What is credit?</h3>

Credit can be defined as borrowing money or cash from a lender in order to obtain something in which the borrower is expected to pay the lender back.

Some people tend to obtain credit so as to settle some expenses in which they are expected to pay back based on the credit agreement they had with the lender.

Therefore If someone wants to buy something now and pay the lender back later, They can they use Credit.

Learn more about credit here:brainly.com/question/26867415

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