Credit-Debt

Definition

Credit: confidence in a purchaser’s ability and intention to pay, displayed by entrusting the buyer with goods and services without immediate payment.

Adapted from: https://www.dictionary.com/browse/credit 

Debt: something that is owed or that one is bound to pay to or perform for another

Adapted from: https://www.dictionary.com/browse/debt 

Video

Good Debt vs. Bad Debt Infographic

  

Credit Score Infographic