Wednesday, July 2, 2014

Consumer Loans and Financing Options


It is interesting to note that most of our modern terms involving money have origins in the Greek or Latin languages. The word 'Credit' is taken from the Latin 'Credo' which roughly translates to "I Believe", a fitting meaning to reinforce a tradition of trust that involves monetary transactions. In the days of yore, lending and borrowing were purely done by guarantee through the spoken word rather than the written word. Credit in olden days did not necessarily involve money and the term was used to describe barter exchanges of goods and services. Article Source: http://EzineArticles.com/8215907
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