This is a debt that will be subtracted from the balance of your account

Debit Card Debt.

Explanation:

Currently, there is a lot of options that you can use in order to obtain loan. But the one that most commonly used are Credit Cards and Debit cards

There is a crucial difference between Credit Cards and Debit cards:

- Debit Cards are issued by the bank. In order to get you have to open an account and deposit a certain amount your money. The amount of the money that you deposit will basically be the limit on how much 'debt' you can take by using the debit card. The amount of money from transaction that you do will be directly subtracted from the balance of your account.

- when you use Credit Card, the amount of money from the transaction will be billed to you at the end of each month or years. The amount wouldn't be directly subtracted from the account.