What is financing ? how does it work ?

Question

What is financing ? how does it work ?

Answer 1

Financing is usually paying monthly.

Answer 2

financing is like a loan. when you can afford to pay cash for something like a car you finance it.

Of course interest is added.

you have like 60 months to pay off a car at whatever the interest rate.

people finance houses, cars, appliances- etc.

hope this helped.