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Which of the following statements best defines the term credit according to the text?

A. Free money given to a consumer by a creditor

B. A loan which is repaid with interest in monthly payments

C. A useful tool in managing budgets and expenses

D. The price you pay for using a creditor's money

User Lisak
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1 Answer

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B. A loan which is repaid with interest in monthly payments

User Gulam
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