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buy on credit |
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buy something on credit to purchase something now and pay for it later (normally plus interest). Almost everyone who buys a house buys it on credit. I didn't have any cash with me, so I used my credit card and bought a new coat on credit. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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What you buy on credit may raise your standard of living today, but the repayments will lower your standard of living tomorrow, and possibly for years afterwards. Unfortunately, that means that you either have to buy on credit or save up for a period, although this usually brings with it a naturally protective instinct. Apparently, she uses the M&S card to buy on credit because it's more useful to her than American Express - yes, it's tokens she receives rather than money, but at a rate of £5 or £10 for every £100 spent. |
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