All Questions
2
questions
2
votes
3
answers
4k
views
What is the difference between a loan and credit?
From other sites I’ve gathered that loans are for long term purposes (12-48 months) with lower rates of interest, while credit is mainly to meet monthly purchases with higher (monthly) rates of ...
- 123
0
votes
1
answer
154
views
Bankruptcy with liability and credit
Suppose you took a loan and have to to pay it off uniformly. You made more money than you initially thought when you took the loan and have yet to pay 50 000 $ off, but have 20 000 $ credit on an ...
- 922