Goats are known for their prodigious milk production, but what about their credit? Does goat credit expire like other forms of credit? According to the Federal Trade Commission, “credit” generally refers to a loan or advance of money. The FTC states that “credit cards, installment loans, and other forms of short-term credit are usually considered consumer credit products.” The FTC also says that “credit products typically have terms that must be met in order for the creditor to receive payment from the debtor. For example, a credit card company may require the repayment of the entire balance on the card within a certain period of time (usually 30 days), or at least every month.” So it appears that goat credit does not typically have expiration dates. However, since goats are ruminants and their stomachs can take up to two hours to digest food, it is important to feed them hay rather than grain in order to avoid bloat and possible death. ..
