Which of the following statements best defines the term credit according to the text?
AFree money given to a consumer by a creditor
BA loan which is repaid with interest in monthly payments
CA useful tool in managing budgets and expenses
DThe price you pay for using a creditor's money
AFree money given to a consumer by a creditor
BA loan which is repaid with interest in monthly payments
CA useful tool in managing budgets and expenses
DThe price you pay for using a creditor's money