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2 years ago

Credit is a helpful tool because it:

Social Studies

1 answer:

Dovator [93]2 years ago

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Credit is a helpful tool because it B) allows people to borrow money that can be paid back later.

<h3>What is credit?</h3>

Credit represents a business agreement to receive goods, services, or money now so that payment can be made in the future.

Credit enables trade and the satisfaction of needs without paying immediately.

Credit also eliminates the payment of huge interest.

Thus, credit is a helpful tool because it B) allows people to borrow money that can be paid back later.

Learn more about Credit at brainly.com/question/13964348

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