Saved Bookmarks
| 1. |
Difference between money and credit |
|
Answer» The key difference between cash and CREDIT is that one is your MONEY (cash) and one is the bank's (or someone else's) money (credit). When you PAY with cash, you hand over the money, TAKE your GOODS and you are done. ... When you pay with credit, you borrow money from someone else to pay. |
|