What is a credit
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If, however, we do not know what a creditWe can say that it is a operation where a financial institution makes available to the applicant an amount of money up to a limit so you can have it.
In a credit, The recipient does not receive the money at once, but which may be disposing of it as you go lacking, would be something like the credit facility which frequently make use companies that have a gap between your income and expenses.
We could also say that a credit is like having a credit card, which has a limit and we can manage the money available until it runs out, paying only interest on the money ready.
The creditshelp us to deal with those periods where we do not have liquidity enough and unlike a loan, the interest is usually paid by a credit to draw on are usually higher than a loan.
