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Money Credit Basics : Also College Student Loan Credit is often loosely referred to as money. Credit is debt or a promise to settle a debt, not money. Money is what is used to make a payment in full. Many students join a credit card to college student loan. In the bank, they always talk about bad college credit loan student or just college loan consolidation programs. This distinction between money and credit causes much confusion in...... Similar Editorial : GPS Basics by Zvi Braverman. | Source : Canadian Student Loan
