Alex Delgado Pd. 7/8
Credit is the ability to borrow money in return for a promise of future payment every month or every year. Some forms of credit are credit loans, house loans,
school loans, personal loans, mortgage loans, and car loans. Some cost of associate with credit are credit cards, credit score, credit report, loans, house, car, school, and mortgage. The only way you will get credit is by using your credit card, the more you
use it the more credit you will get. You have to be creditworthiness towards your credit card and not get too carried away with it. You also have to pay an interest at the end of the month for the credit card bill. A lender can assist you along the way from the bank.
A number assigned to a person that indicates to lenders their capacity to repay a loan
An organization or person that lends money
A small plastic card issued to users as a system of payment.