What is Credit?
When somebody borrows resources from somebody else, '''credit''' is the trust that they will later pay it back.<ref>{{cite web|url=https://www.dcu.org/streetwise/credit/what.html|title=What is Credit? - DCU StreetWise Consumer Education Program|website=www.dcu.org|access-date=2019-02-12|archive-date=2016-10-24|archive-url=https://web.archive.org/web/20161024113609/https://www.dcu.org/streetwise/credit/what.html|url-status=dead}}</ref> The term often is used when somebody borrows money from a [[bank]]. This is called a [[loan]]. A bank may not give somebody credit if they do not think they would pay the loan back. ==Credit cards== {{see also|Credit card}} A bank or a credit union can give somebody a [[credit card]]. This is a card somebody can use when they are buying something instead of using [[cash]]. Credit cards are given on the trust they will pay the bank or credit union. ==References== {{reflist}} {{sisterlinks}} [[Category:Basic English 850 words]] [[Category:Money]]