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6 March, 17:08

When explaining credit to a friend, which of the philosophy can you use?

Buy now, pay later

Buy later, pay now

Don't worry about paying back

none of the above

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Answers (1)
  1. 6 March, 19:29
    0
    Buy now, pay later is the Philosophy that i will use when explaining about credit to a friend

    Explanation:

    The philosophy of the credit card is based on the credit cycle. (i. e Buy Now, Pay Later) That means that if you don't have cash-in - hand then you only need to make payment through credit card and then when you have money the amount spend gets debited from your bank Account. The credit card follows a 50 days credit cycle
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