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8 January, 16:51

Having a hard time understanding credits and debits

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Answers (2)
  1. 8 January, 17:04
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    When a consumer is using a debit card it is coming directly from their bank account. As for credit it, it is charged to a line of credit (ex. money from the bank) that you will be charged for later.
  2. 8 January, 17:05
    0
    Debit Card = Money that you already had in your bank account.

    Credit Card = Money borrowed from the bank. You have to pay the fixed rate of the interest by a deadline.
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