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When a borrower receives something of value now and agrees to repay the lender at some date in the future, the borrower is A using credit. saving money gaining new income making an investment.
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When a borrower receives something of value now and agrees to repay the lender at some date in the future, the borrower is

A
using credit.
saving money
gaining new income
making an investment.

User XWX
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2 Answers

1 vote

Answer:

a

Step-by-step explanation:

User Cafecorridor
by
3.2k points
7 votes

Answer:

Using credit

Step-by-step explanation:

Using Credit simply means receiving something of value now and promising to pay for it later. This credit is often with a finance charge added by the lender.

Most global consumers of First world nations use credit through their credit cards to buy almost everything including food, clothing, housing, transportation etc.

User Oliver Vogel
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