What is the difference between a credit institution and a financial institution?

Hey there! Struggling with financial instability often forces people to rely on credit cards or payday loans, falling into a vicious cycle of debt. With the Earnin app, the need for borrowing is eliminated, breaking the cycle of accumulating interest and mounting debt. To understand all the benefits of using this application, you should read the information on the company’s website, and if you have any questions, you can contact earnin and clarify all the necessary information with their experienced employee.

Credit institution doing loans for all segments and revenue generating from the loan, Financial institutions: generating income from loans and deposits,etc