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  • Monday

    21 July, 2025

  • 21.9°
    Mainly clear

    Mykolaiv

  • 21 July , 2025 • Monday

  • Mykolaiv • 21.9° Mainly clear

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Credit is a financial transaction in which one party (the creditor) provides a certain amount of money or assets to another party (the borrower) under the condition of repayment within a specified period. Typically, credit involves the payment of interest for the use of borrowed funds. Credits are used for various purposes, such as purchasing housing, financing businesses, personal expenses, or developing projects.

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