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- https://biz.libretexts.org/Bookshelves/Finance/Individual_Finance/07%3A_Financial_Management/7.03%3A_Other_People's_Money-_CreditBoth credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is...Both credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is used to purchase goods and services, to finance living expenses, or to make payments more convenient by delaying them for a relatively short time. Debt, on the other hand, is used to finance the purchase of assets—such as a car or a home—rather than to delay payment of recurring expenses.
- https://biz.libretexts.org/Courses/Prince_Georges_Community_College/BMT_1620%3A_FINANCIAL_PLANNING_AND_INVESTMENTS_(COOKS_2021)/07%3A_Financial_Management/7.03%3A_Other_People's_Money-_CreditBoth credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is...Both credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is used to purchase goods and services, to finance living expenses, or to make payments more convenient by delaying them for a relatively short time. Debt, on the other hand, is used to finance the purchase of assets—such as a car or a home—rather than to delay payment of recurring expenses.
- https://biz.libretexts.org/Courses/Southwestern_Community_College/BUS-121%3A_Principles_of_Money_Management/04%3A_Cash_Management-_Savings_and_Payment_Services/4.03%3A_Other_People's_Money-_CreditBoth credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is...Both credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is used to purchase goods and services, to finance living expenses, or to make payments more convenient by delaying them for a relatively short time. Debt, on the other hand, is used to finance the purchase of assets—such as a car or a home—rather than to delay payment of recurring expenses.
- https://biz.libretexts.org/Courses/Kansas_State_University/PFP_105%3A_Introduction_to_Personal_Financial_Planning/07%3A_Financial_Management/7.03%3A_Other_People's_Money-_CreditBoth credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is...Both credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is used to purchase goods and services, to finance living expenses, or to make payments more convenient by delaying them for a relatively short time. Debt, on the other hand, is used to finance the purchase of assets—such as a car or a home—rather than to delay payment of recurring expenses.
- https://biz.libretexts.org/Courses/Folsom_Lake_College/BUS_320%3A_Concepts_in_Personal_Finance_(Buch)/07%3A_Financial_Management/7.04%3A_Other_People's_Money-_CreditBoth credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is...Both credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is used to purchase goods and services, to finance living expenses, or to make payments more convenient by delaying them for a relatively short time. Debt, on the other hand, is used to finance the purchase of assets—such as a car or a home—rather than to delay payment of recurring expenses.
- https://biz.libretexts.org/Courses/Coastline_College/Personal_Finance_v2/07%3A_Financial_Management/7.04%3A_Other_People's_Money-_CreditBoth credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is...Both credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is used to purchase goods and services, to finance living expenses, or to make payments more convenient by delaying them for a relatively short time. Debt, on the other hand, is used to finance the purchase of assets—such as a car or a home—rather than to delay payment of recurring expenses.
- https://biz.libretexts.org/Courses/Southwestern_Community_College/BUS-121%3A_Principles_of_Money_Management/05%3A_Consumer_Credit/5.03%3A_Other_People's_Money-_CreditBoth credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is...Both credit and debt are forms of borrowing. Credit is distinguished from debt in both its purpose and duration or timing, although in casual conversation the words are used interchangeably. Credit is used to purchase goods and services, to finance living expenses, or to make payments more convenient by delaying them for a relatively short time. Debt, on the other hand, is used to finance the purchase of assets—such as a car or a home—rather than to delay payment of recurring expenses.
