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Afina-wow [57]
4 years ago
12

How does credit work?

Social Studies
1 answer:
Ksenya-84 [330]4 years ago
4 0

Answer:

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.

Explanation:

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