Questions tagged [credit]

Stefano Sun Nov 17 2024 | 7 answers 1164

I'm curious about credit currency. I want to understand what it is, how it works, and its role in the financial system. Could someone please explain the concept of credit currency to me?

AzureWave Sun Nov 17 2024 | 7 answers 1406

I've been wondering if credit can be considered real money. I mean, we use credit cards for purchases just like cash, but is credit actually equivalent to real money? Or is it just a promise to pay later?

CryptoNinja Sun Nov 10 2024 | 6 answers 2035

I'm wondering about the credit requirements for obtaining financing. Specifically, what kind of credit score or history is typically needed to qualify for possible financial assistance or loans?

WindRider Tue Oct 29 2024 | 7 answers 1738

I'm wondering if there's any impact on my credit score when I'm charged an overlimit fee. Does this fee, which is charged when I exceed my credit limit, affect my credit in any way?

ShintoSanctum Sat Oct 26 2024 | 6 answers 1684

I'm trying to figure out whether professional fees should be classified as debit or credit in accounting. I need to know how these fees are typically recorded in financial statements.