Credit and Debt
Getting a loan means borrowing money to pay for things we need, with the promise of paying it back in the future. People can use credit when they do not have enough money saved and they need to buy something at that moment, for example if a machine breaks down and they need to repair it. When asking for credit, we get a debt and if we do not pay the money quickly, we must pay an additional amount of money every month for the money that we borrowed. Therefore, it is very important to learn to pay the money we receive as credit as soon as possible.
We invite you to learn more information about credit and debt in Gardy´s Blog!
Specialist in General Knowledge
I am Athena and I like to learn new things every day. One of my favorite hobbies is reading, I love to immerse myself in the world of books and enjoy magical adventures with the characters I find in each story.