Question

What are people doing when they use credit?

Borrowing money to buy something now and agreeing to pay the lender back in the future
Lending people money to help them buy large items now and asking them to pay it back later
Putting money into their bank accounts
Taking money out of their own bank accounts

Answer 1

A) Borrowing money to buy something now and agreeing to pay the lender back in the future

Explanation:

This is how a credit cards functions

Answer 2

A) Borrowing money to buy something now and agreeing to pay the lender back in the future

Explanation:

Borrowing money to buy something now and agreeing to pay the lender back in the future is the correct answer because

taking Money out of your bank account is a debt card

lending people money to help them buy large items now and asking them to pay it back later is a loan

putting money into their bank accounts is a deposit