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What is a credit ?: concept and most common loan types

by adminon July 2, 2018July 2, 2018

According to the Wikipedia definition, a credit (from the Latin credititus , substantiation of the credere , to believe) is a banking operation by which the bank , in an act of trust, makes available to the client a certain amount of money to be repaid, with interest , within the term agreed by contract. …

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