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Bond [772]
3 years ago
11

When explaining credit to a friend, which of the philosophy can you use?

Business
1 answer:
tatiyna3 years ago
7 0

Buy now, pay later is the Philosophy that i will use when explaining about credit to a friend

Explanation:

  • <u>The philosophy of the credit card is based on the credit cycle.(</u><u>i.e Buy Now,Pay Later)</u>
  • That means that if you don't  have cash-in -hand then you only need to make payment through credit card and then when you have money the amount spend gets debited from your bank Account.
  • The credit card follows a 50 days credit cycle
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