One of the benefits of extending credit to borrowers is that doing so provides better records of purchases on credit billing statements.

Name: One of the benefits of extending credit to borrowers is that doing so provides better records of purchases on credit billing statements.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Extending credit allows for purchases to be tracked and recorded on billing statements, improving the record-keeping process for both the borrower and the lender.

One of the Benefits of Extending Credit to Borrowers Is