What is cred (LBA)?

Cred (LBA) is a cryptocurrency token and operates on the Ethereum platform. Cred has a current supply of 1,000,000,000 LBA with 581,607,302 LBA in circulation. The last known price of Cred is 0.015632 USD and is down 0.72% over the last 24 hours.

What is credit?

Understanding Credit. In the first and most common definition of the term, credit refers to an agreement to purchase a good or service with the express promise to pay for it later.

Are financial resources the only form of credit?

Financial resources are not the only form of credit that may be offered. There may be an exchange of goods and services in exchange for a deferred payment, which is another type of credit. When suppliers give products or services to an individual but don't require payment until later, that is a form of credit.