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What is credit?
Money from a consumers bank account
Allows consumers to buy now and pay later
Free money to use whenever a consumer wants
A credit card
What is interest?
Price paid to a financial company for the use of money over a period of time
You are interested in something
Price paid to a financial company before buying a product
There's a business offer you're interested in
What's a finance charge?
You get charged for having finance
A police officer charges you for 1st degree
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