Credit is the trust that lets people give things (like goods, services or money) to other people in the hope they will repay later on.
Explanation:
Example: If you have money in the bank it is your credit (you trust the bank will pay it to you when needed) and the bank will usually pay you interest.
Answers & Comments
Answer:
Credit is the trust that lets people give things (like goods, services or money) to other people in the hope they will repay later on.
Explanation:
Example: If you have money in the bank it is your credit (you trust the bank will pay it to you when needed) and the bank will usually pay you interest.