There are
many types of
credit available
to those who
qualify.
We will assist
you in
distinguishing
between trade or
commercial
credit, consumer
credit, and
credit and
charge cards.
Trade
Credit:
When businesses
are purchasing
services or
products with
deferred
payments, this
is trade credit
or commercial
credit.
Consumer Credit:
Consumer credit
also has
deferred
payments but the
individual
consumer is
purchasing.
