Uncover the Difference Between Credit and Debt: You'll Be Shocked by the Results!

1 year ago
1

In today's video, we're going to talk about what credit is and what debt is. You might be surprised by the results of our discussion!

Credit is a financial asset that you use to borrow money from a lender. Debt, on the other hand, is a financial obligation you have to pay back with interest. In this video, we'll discuss the difference between credit and debt and show you some examples to help you understand the concepts better.
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