Credit is that ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future. A credit card is a card that you apply for, when you use a credit card you are using money from the bank. A secured credit card is also a card you apply for, you put a deposit in the bank and use it like a regular credit card. You have a limit to spend with your credit card which is called "Credit Line".
No comments:
Post a Comment