Borrowing

Alex Roland

simple interest and credit

credit- the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.


simple interest-a quick method of calculating the interest charge on a loan simple interest is determined by multiplying the interest rate by the principal by the number of periods.

their is fraud when you use credit the bad thing about credit cards is they can be stolen to stop fraud it is better if you dont even have a credit card to deal with.