Option B. A credit card gives you access to pre-approved lender's funds.
<u>Explanation:</u>
Credit card is the secured small plastic rectangular card issued by any financial institutions that the user is registered with. It allows the holders to access the pre-approved funds for the purchase of services or goods on credit.
The credit worthiness of a customer is based on the income criteria on the basis of which the credit card is issued. The lender mentioned above is usually the bank that is associated with the customers and the credit limit will already be fixed during the initiation of the account.
