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What is a credit or loan …

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What is a credit or loan ?

    • Posted by Rewati Raman 🤓🤓🤓 2 years, 7 months ago

    CBSE > Class 10 > Social Science
    • 3 answers

    Saksham . 2 years, 7 months ago

    It refers to an agreement in which the lender supply the borrower with money in return for the promise of future use

    2Thank You

    Neha Alwani 2 years, 7 months ago

    Credit or loan is a amount which a person take from bank, cooperative,moneylender etc. for his/her needs like home loan , education loan . A collateral is needed in taking loan . An amount of interest is taken by the lender

    1Thank You

    Aman Chauhan 2 years, 7 months ago

    Credit and loan is same credit means also loan

    2Thank You

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