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Credit is the power to obtain goods and services in exchange for a promise to pay for them later while credit volume is the amount or in some other cases the maximum amount that an individual is able to obtain. For example, a person who has a credit card with a credit limit of 50,000 will not be able to use the card for credit purchase higher than 50,000. Thus, ten persons with a credit card limit each of 50,000 will have an aggregate credit of 500,000.

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