The type of financing that allows you to pay for a purchase at a later time when the bill arrives is

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A credit card allows you to make purchases and pay for them later when you receive the bill. It is a form of financing that allows you to borrow money from the credit card company to make purchases. A debit card, on the other hand, withdraws money directly from your bank account and does not provide financing. An expense account is an account used by businesses to record expenses, and an ABM statement is a record of transactions made at an automated banking machine, neither of which apply to this question.

The Type of Financing That Allows You to Pay for a Purchase