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20 December, 14:14

Having a hard time understanding credits and debits

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  1. 20 December, 14:47
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    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.
  2. 20 December, 17:41
    0
    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.
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