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VikaD [51]
3 years ago
10

Which statement best explains what it means to use credit?

Social Studies
2 answers:
lina2011 [118]3 years ago
5 0

Answer:

Assuming you mean credit as in a credit card, it basically means to spend money that you don't have yet. When you use credit, the bank pays the store for your purchase. In return, you then have to pay back the bank. You can pay it all back at once, or make payments over time. However, the bank will charge you interest depending on how long it takes you to pay it back.

tatyana61 [14]3 years ago
4 0

Answer:

it means you do extra work to have extra creit

Explanation:

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