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Which of these statements best describes the difference between credit and debt?
Wiki User
∙ 10y ago
d.)
- Credit measures ability to buy, while debt means money owed.
Wiki User
∙ 10y ago
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What best describes the difference between credit and debt?
Credit measures ability to buy, while debt means money owed.
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
What is the difference between installment credit and open ended credit?
the difference between installment credit and open ended credit is they are the same..
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
Difference between banker's acceptance and letter of credit?
differecences between banker's acceptance and letter of credit
What best describes the difference between credit and debt?
Credit measures ability to buy, while debt means money owed.
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
What is the difference between installment credit and open ended credit?
the difference between installment credit and open ended credit is they are the same..
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
Explain the difference between a cash and credit transaction for purchass and sales?
explain the difference between cash and credit transaction
What is the difference between credit shelter trust and irrevocable trust?
What is the difference between credit shelter trust and irrevocable trust?
Difference between banker's acceptance and letter of credit?
differecences between banker's acceptance and letter of credit
What is the difference between personal credit and business credit?
The difference between personal credit and business credit is that personal credit only applies to one person; one's self. However business credit can be applied to the employees in any company which are covered by the business insurance.
What is the difference between a Platinum card and a regular credit card?
The major difference between a Platinum credit card and a standard credit card is that with a standard credit card credit limits are lower than what they would be with a Platinum credit card. Interest rates will differ as well.
What are the difference between line of credit and credit limit?
Answering "http://wiki.answers.com/Q/What_are_the_difference_between_line_of_credit_and_credit_limit"
What is the difference between a credit memorandum and a debit memorandum?
A Debit Memo is a over payment A Credit Memo is a over payment
What is the difference between a checking account and credit card account?
checking from bank fund & credit card prepaid by credit
