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How does credit work?

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13y ago

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When you don't have enough money for something, you charge it and pay the money when you have it.

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13y ago
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Q: How does credit work?
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Consumer credit can be considered to be a complicated work of art. When a credit purchase is made it affects the credit score. Having good credit is essential to making huge purchase such as a house or a car.


Where can one find out exactly how credit cards work?

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There are many people that work for the Franklin Mint Federal Credit Union. There are about five hundred people that work for the Franklin Mint Federal Credit Union.


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Credit reports in the UK work in the manner that a bank or lender will assess one's credit history and decide how much money, if any, to lend an individual. A poor credit report will typically lead to a denial.


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