The information borrowers should research on when applying for credit are:
A credit is an arrangement, in which an individual or financial institution allows a borrower part with goods or money with a promise to pay later. It is a commitment to pay for something in the future, instead of buying it right away.
Credit is amount of a money which a financial institution allows a person to receive any particular amount of money ,goods or services to use now and pay later.
Learn more about credits here: https://brainly.com/question/2634576
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