Personal Finance (MindTap Course List)
Personal Finance (MindTap Course List)
13th Edition
ISBN: 9781337099752
Author: E. Thomas Garman, Raymond Forgue
Publisher: Cengage Learning
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Chapter 6.1, Problem 2CC
Summary Introduction

To indicate: Five advantages of credit.

Introduction: Credit describes a system in which goods, services, or money taken in exchange for a promise to repay on a future date. Credit is the relation of trust established between a lender and a borrower.

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