Advantages of Credit and the Benefits of Building Good Credit Story

– A monetary amount that a creditor agrees to extend to a borrower.
– An indicator of whether or not a borrower is likely to repay a loan on time (i.e., having “good credit” or “bad credit”).

– An amount a borrower can borrow if they choose, like having a credit limit on a credit card or a line of credit on a business or home.

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