Credit enables people to obtain goods or services even if they do not have enough money to pay for them right away. For example, a person who cannot immediately pay the full price of an automobile or a house may make the purchase on credit. The word credit comes from the Latin word credo, meaning I trust. Moneylenders trust borrowers to pay them back. Sellers extend credit to buyers because it increases sales and, ordinarily, the buyers pay interest. Buyers are willing to pay interest for credit because in this way, they can use things they want while they are still paying for them.

BAD, worse, worst, Not good; not as it ought to be; inferior. Ex. bad soil. Lincoln often studied in bad light. (SYNONYM) poor, inadequate.
Evil; wicked. Ex. A bad man might hurt a helpless person.
Causing harm; harmful. Ex. It is bad for your eyesight to read in a dim light.

FINANCE, money matters; the science or conduct of monetary business or affairs. Ex. The millionaire boasted of his skill in finance. The system by which money matters, such as of a nation, state, or corporation, are managed. Management of government revenue and expenditure is called public finance. REFINANCING, to finance again or anew, as by arranging new terms, or borrowing to settle notes.