🗝️ Chapter 1 – What Is Credit?
đź“š NOVA SAYS: Credit is like trust with money. It’s when someone lets you borrow money now, with the promise that you’ll pay it back later—on time. Just like you trust a friend to return something they borrow, lenders trust you to return their money. That’s what we call ‘credit.’
đź’¬ MALIK ADDS: Think of credit like a score in a video game. The better your score, the more levels you unlock! Good credit helps you get better stuff in life: a phone plan, a car, even your own place someday.
🧠QUICK TIP from Insight: Your credit score shows how well you handle borrowed money. Keep it clean, and you’ll go far!